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October 21, 2016

Breathe Easy Bitcoiners, Quantum Computing No Match For Sha-2 Encryption

Worried about security for your bitcoin in the face of quantum computing? According to computer researchers, there’s no reason to be.

Some people assume that once quantum computing comes along modern encryption technologies will be outpowered. But experts are starting to posit that hash functions and asymmetric encryption could defend not only against modern computers, but also against quantum attackers from the future.

Matthew Amy from Canada’s University of Waterloo proposes just this in a paper by the International Association of Cryptologic Research.

Amy, and researchers from Perimeter Institute for Theoretical Physics and the Canadian Institute for [...]

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