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About Vulnerability of Blockchain Technologies To Quantum Attacks
The document discusses the vulnerability of blockchain technologies to quantum attacks. It analyzes major cryptocurrencies like Bitcoin, Ethereum, Litecoin and ZCash to determine their risk exposure. By 2035, quantum computers will likely be powerful enough to break the RSA2048 encryption using Shor's algorithm in just 42 minutes. This poses risks since blockchains rely heavily on cryptographic protocols for security and the data cannot be easily separated from the encryption keys. The document conducts a comparative analysis of the studied cryptocurrencies and their relative vulnerability to quantum attacks.
Detailed Information
| Author: | ['Greg Analulu'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 16 |
| Language: | English |
| Format: | |
| Price: | FREE |
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