Quantum Blockchains Could Act Like Time Machines

Posted on Apr 23, 2018

Quantum Blockchains Could Act Like Time Machines

Superposition lets one qubit perform two calculations at once, and if two qubits are linked through a quantum effect known as entanglement, they can help perform 2^2 or four calculations simultaneously; three qubits, 2^3 or eight calculations; and so on. In principle, a quantum computer with 300 qubits could perform more calculations in an instant than there are atoms in the visible universe. A powerful enough quantum computer could successfully break conventional cryptography, including that protecting blockchains.

Source: ieee.org