Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery

Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of DiscoveryAccording to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security practices. However, a number of experts, computer scientists, and cryptographers do not believe the researchers have made a significant […]

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Ethereum Will Have a Quantum-proof Wallet in the Form of Enclave

TheMerkle Useless Ethereum Token $300,000In the cryptocurrency industry, there is always demand for safe and secure wallet solutions. EnQlave positions itself as the “quantum safe for crypto assets”, but it remains to be seen if they can live up to those expectations. Crypto and blockchain enthusiasts are concerned about the era of quantum computing. EnQlave Aims to be Quantum-proof It is widely considered that quantum hardware will effectively break current protocols with relative ease.  To ensure that is not a problem, solutions need to be found well ahead of time. For the enQlave team, that solution comes in the form as a standalone post-quantum

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Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought

Why Quantum Computing’s Threat to Crypto May Be Further Out Than Previously ThoughtAccording to one researcher, quantum computing faces more hurdles than many realize when it comes to achieving viability in breaking encryption. In a recent report Dr. Subhash Kak, Regents Professor of Electrical and Computer Engineering at Oklahoma State University, notes that there are issues such as “noise” and error correction that render the buzz about […]

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What Google’s Quantum Breakthrough Means for Blockchain Cryptography

What Google’s Quantum Breakthrough Means for Blockchain CryptographyWe’ve been warned for years that a quantum computing breakthrough is just around the corner. When that day comes, we’re told, it could render existing encryption standards obsolete, threatening the security of every major blockchain. It seems that day has finally arrived, with Google achieving “quantum supremacy.” Impressive as the feat is, however, it doesn’t […]

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No, IBM’s Quantum Computer Won’t Break Bitcoin

IBM recently unveiled its Q System One at the Consumer Electronics Show (CES) 2019, with the company describing the quantum computer as being developed for “commercial use.” Despite numerous media outlets again decrying the imminent death of Bitcoin, IBM’s quantum system is not the game-changer that many are heralding it to be. Also Read: Japanese Regulator […]

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New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits

New Crypto Exchanges Launch in South Korea Despite Lack of Fiat DepositsA number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges. Also read: Japan’s DMM Bitcoin Exchange Opens for […]

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New Year, New Forks: World Bitcoin and Bitcoin Candy Expected Soon

New Year, New Forks: World Bitcoin and Bitcoin Candy are Expected SoonThe fork of Bitcoin Cash sparked a wave of airdrops and bitcoin-related fork projects in 2017. A new project, World Bitcoin (WBTC), is to fork at block 503,888 on or around January 12. Unlike other hard forks introducing new features to overcome Bitcoin’s limitations, WBTC will focus on building a ”global application infrastructure”, according to its […]

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