Quantum Computing
Quantum computing uses principles of quantum mechanics to perform computations much faster than traditional computers. Unlike classical bits, which are either 0 or 1, quantum bits (qubits) can exist in multiple states simultaneously, allowing for exponential processing power.
Its Impact on Cryptography
Quantum computing poses a potential threat to modern cryptographic systems that secure blockchain networks. Algorithms like RSA and ECC could become vulnerable to quantum attacks, which might break encryption that is currently considered secure.
The Crypto Community’s Response
To prepare for this, blockchain developers are exploring post-quantum cryptography—algorithms designed to withstand quantum threats. Some projects are already integrating quantum-resistant features to future-proof their networks.