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Will Quantum Computing Kill Bitcoin? | Scott Aaronson & Justin Drake

Bankless

CHAPTER

Quantum Computing: Origins and Implications

This chapter delves into the genesis of quantum computing, examining its purpose in solving the complexities of quantum systems and the growing computational demands of physics and chemistry. It highlights the potential impact of quantum computing on cryptography, particularly in relation to encryption vulnerabilities threatening cryptocurrencies like Bitcoin and Ethereum. The discussion also underscores the technical challenges of scaling quantum technology and the ongoing efforts to develop quantum-resistant systems.

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