By: Eva Baxter
Blockchain technology is revolutionizing countless sectors across the globe by creating decentralized, transparent, and secure models of conducting transactions. However, with the advent of quantum computers, the current encryption methods employed by many blockchains could potentially be overpowered, leading to a major security concern. This is where the concept of Quantum Resistant Blockchains comes into picture.
Quantum Resistant Blockchains employ cryptography that is thought to be secure against a cryptanalytic attack by a quantum computer. As the name suggests, this type of blockchain is designed to resist potential threats posed by quantum computers. While the concept of quantum resistance is still under development, it is perceived as an essential step in ensuring the long-term security and viability of blockchain technology.
© BlockBriefly. All Rights Reserved.