cryptofamily

@cryptoseven Quantum computers and crypto 👾

Quantum computers can crack the current security of cryptocurrencies in minutes. They are able to decrypt private keys and open access to wallets. It sounds like sci-fi, but in fact it's a real threat to the whole industry.

But the solution has been found - quantum-resistant tokens 👀 These are next-generation security tokens. They use encryption that can withstand even quantum machine attacks.

Few examples that are already out there today:

💥 QRL uses XMSS, a super-secure digital signature that even quantum computers can't crack.

💥 QANplatform implements security for DApps and smart contracts using lattice-based cryptography. But the trick of QAN is also developer-friendliness. Even a novice can create a quantum-resistant solution based on the platform.

💥 IOTA uses WOTS post-quantum signatures to protect the Tangle network from future threats.

But it's not all bad news, just recently quantum stocks plummeted after NVIDIA CEO Jensen Huang said that useful quantum computers are a matter of decades. At a meeting with analysts, he said that the real revolution of quantum technologies could come in 15-30 years.

Well, 15 years still sitting still 😁