Computing is a gigantic area that has been of outstanding contribution to humanity, which has advanced by great strides in the last years of modern history.
We could think that Progress will never end every day; new challenges will arrive. The idea of using mathematics, logic, and the laws of physics to create machines with enormous processing capacities leads us to another exciting research point, quantum computing. And if you want to start trading with bitcoin, visit bitcoin code.
What is quantum computing?
In a continuous change and advancement, a new branch of computing will undoubtedly create more efficient, robust, and precise computers.
Quantum computing, in theory, can store much more changes per unit of information and operate with much more efficient algorithms at the numerical level.
In the era of digital technology that we live in, and although it is difficult to believe, technology will not stop advancing. A new technological era points to the quantum era, which has the world in constant expectation even in more significant proportion than when we talk about Bitcoin even more.
What are the scopes of quantum computing?
Although quantum computers would be considered the Albert Einstein of systematization, in short, “extraordinary electronic brains” that will have the ability to process almost impossible tasks for a classical computer simultaneously can not
Some of the scope and potential that quantum computing would have on humanity are the Progress of our technology, the development in areas such as medicine through artificial intelligence, economics, or computer security.
On the other hand, the acquisition of new knowledge by technological experts to transmit in simple languages how the use and management of this innovative equipment will be.
The first company to commercialize these technological phenomena is the multinational IBM. Whose main characteristic is to combine quantum computing and “traditional” computing.
Information security, materials development, biomedicine, and economics represent some of the future achievements that the quantum computing revolution may encompass.
All these areas have achieved unprecedented advances with current technology. Still, it represents a more significant challenge to design technological structures that help improve the quality of life of human beings.
Artificial intelligence does increasingly positioned in the world. Companies are leaving in the hands of said technology many of the basic tasks that a person could perform in a particular job.
Bitcoin could crash with quantum computing
It concerns many of those who currently have placed their most faithful trust in the world of crypto assets; many consider quantum technology as the worst enemy of Blockchain and cryptocurrencies.
In consequence, that said technology could break the security of Blockchain since the power of quantum equipment could disappear the security of cryptocurrencies and endanger the investment funds of its users.
Although it is super dangerous for us, Bitcoin does not work with encryption techniques but with hash functions and digital signatures.
This technology does not make them exempt from the danger of putting at risk a structure that has been trying to impose itself for more than ten years to replace the economic system financial world.
Of course, this does not mean that cryptocurrency projects are unaware of this and have corrected it.
This technology does expect to be effective in about four to five years. Still, while it is a substantial technological advance to put them to the test for everyone’s use, it may make them too vulnerable to resist cyber-attacks.
At present, quantum technology or computing represents an unprecedented advance, which will bring a variety of benefits to humanity, but at the same time, will also get risks.
Existing technologies are already working to will be prepared for the future changes that this new technology plans to avoid as many risks as possible to each cryptocurrency user.
They are trying to create a security block strong enough to protect public-key cryptography so that these quantum computers cannot decrypt public-key cryptography, collapsing the world of these digital assets and their millions of users.
Some of the Security Measures of cryptocurrency projects against quantum computing are the Zero-Knowledge Proofs (ZKP), which constitute a considerable potential for resistance to quantum computing.
Even analyzing all these scenarios, quantum computing does not represent a threat to the world of crypto assets. Still, it is necessary and essential to be prepared for the future changes that this technological advance proposes. The future is definitely in the hands of technologies and a new digitized financial market.