can quantum computing break blockchain

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  • How quantum computers will affect blockchain?

  • As mentioned above, classic computers use bits of information the quantum computers make use of qubits which can represent both values in the wide range of superpositions of two states thus making it faster and quicker. It will, on the other hand, affect the security of data and making it easy for the hackers to exploit the data on the Blockchain.

  • How difficult is it to build a quantum computer?

  • Building a quantum computer is extremely challenging, but the potential to solve important problems that classical computers cannot solve is motivating large companies to spend a lot of time and resources to be the first to succeed at building one, and progress is being made quickly.

  • What is the difference between classic computer and quantum computer?

  • In simple words, the classic computer has two values, i.e., zero, and one but the Quantum computers use quantum bits (qubits) which had multiple values at the same time. It gives an added advantage to the quantum machinery. They can store a large amount of data with lesser consumption of energy.

  • What is quantum computing and how does it work?

  • Quantum computing makes use of subatomic particles. These particles will be present in more than one state at one particular time. Because of this unique feature, the computing process is much faster than the ones that we are using today.

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