Quantum rigs might pose a bigger threat to blockchains than quantum decryption.
The Bitcoin mining hardware race could be on the cusp of entering its equivalent of the atomic era as the quantum computing sector matures.
While today’s quantum computers are largely experimental, recent advances in quantum chip technology and hybrid AI functions have pushed the field forward faster than many scientists predicted.
One of the biggest concerns in the industry is developing quantum-proof cryptography solutions. The fear that quantum computers will crack standard encryption has led to the onset of new protocols and encryption standards. This, however, isn’t the only potential catastrophic-level threat quantum computers pose to the blockchain industry.