The U. S. National Security Agency (NSA) was recently reported to be attempting to create its own quantum computer. In this case, crypto's would be far more endangered than if Google did it, but it is still hard to confirm that this technology can or will be a threat any time soon. While the transistors of classical computer processors operate with bits, which encode either a zero or a one, quantum computers use so-called quantum bits, or qubits. The latter can encode a zero and a one into two different states as well as leverage their “superposition” and “entanglement.” In other words, qubits allow for a huge number of calculations to be carried out simultaneously. The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the dece Bitcoin’s proportion of total volume in July was 66%. What are your thoughts about these rankings? Tell us what you think in the comments section below. The post Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives appeared first on Bitcoin News. JOIN OUR NEWSLETTER. I agree to have my personal information transfered to AWeber ( more information) Your time ... The National Security Agency of the United States (NSA) is apparently working on developing a cryptocurrency which will be quantum resistant. As a claim made in a tweet by Bloomberg Technology showed, NSA is building a new cryptocurrency which will shake things up in the crypto industry.. The tweet was originally made by the reporter William Turton on September 4, who was present at the ... Schwartz predicts that quantum computer systems will begin to develop into an issue inside the subsequent 10 years. In a chapter of the Trendy CTO podcast, Ripple’s CTO, David Schwartz, expressed considerations in regards to the improvement of quantum computer systems. Ripple’s CTO believes this expertise is a risk to the safety of Bitcoin ... However, it should be said that, according to several experts, Bitcoin would already have the characteristics to resist quantum computer attacks. Anyways, there are no further details regarding the NSA’s new cryptocurrency project, except for the confirmation by the director Neuberger about the fact that the agency is already working on it.
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