Explore how advancements in quantum computing, such as Google’s Willow quantum processor, could impact blockchain security. Learn about the challenges posed by quantum computers and how quantum-resistant technologies aim to safeguard cryptocurrencies like Bitcoin.
Q1: What enables quantum computers to solve problems faster than classical computers?
A1: They use qubits that can represent multiple states at once
Q2: What makes ECDSA essential to Bitcoin’s security?
A2: It ensures only valid users can sign transactions
Q3: Why are quantum computers not an immediate threat to blockchains?
A3: Current quantum computers lack the number of qubits required to break blockchain encryption
