Tag Archives: QUANTUM

NFTs Theft and Security Related Issues

Stealing Non-Fungible Tokens (NFTs) is a difficult task as they are secured with blockchain technology but not impossible. NFTs are digital tokens that are stored on a blockchain and are designed to be unique and…

Weapon of the Future: The Quantum Computer

Quantum computing poses a threat to blockchain technology because it upends the basic security assumption of elliptic curve cryptography, namely, that computers cannot factor large numbers effectively. In today’s traditional and legacy blockchains, the most…

Bitcoin vs. Quantum

How many Bitcoins could be stolen now if sufficiently large quantum computers were available? Imagine that someone manages to build a quantum computer today and is therefore able to derive private keys. How many Bitcoins…