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Amadeus
@nikolin
1. Understanding Quantum Computing: Definition: Quantum computing uses quantum-mechanical phenomena to perform calculations exponentially faster than classical computers. Implications for Cryptography: Quantum computers could potentially break certain encryption algorithms currently used in cryptocurrencies.
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Amadeus
@nikolin
2. Risks to Cryptocurrency Security: Threat to Public-Key Cryptography: Quantum computers might compromise public-key encryption, which is crucial for secure transactions. Post-Quantum Cryptography: Researchers are developing new cryptographic techniques resistant to quantum attacks.
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