kaal:claim:4900878-034

Quantum computing cuts both ways for blockchain: it can raise the efficiency and security of blockchain networks, but safeguarding those systems against the threats it also creates depends on research into quantum resistant cryptographic algorithms.

Source quote, verbatim

Research into quantum-resistant cryptographic algorithms will be crucial to safeguard blockchain systems against potential threats posed by quantum computing.

From

Wulf A. Kaal, Quantum Economy and Tokenomics (2024), 6.5.4 Implications and Parallels, p. 56
https://ssrn.com/abstract=4900878 · source PDF

Cite as

Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878

Holds when

as quantum computing capability advances

Classification

conditionsupport: assertedconsensus-and-securitycitation-and-knowledgeblockchain

Related claims

extended_by kaal:claim:4900880-006 Trust and security in digital financial systems and decentralized networks cannot survive the arrival of quant...
supported_by kaal:claim:4900880-005 Quantum algorithms such as Shor's algorithm can factor large prime numbers exponentially faster than classical...

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Positions extending this scholarly claim