XRP Ledger Prepares for Quantum Threat with 2028 Roadmap
Ripple unveils a multi-phase plan to make the XRP Ledger quantum-resistant by 2028, including testing new cryptography and contingency plans.
Merkle Tree
A Merkle tree is a data structure used in blockchain networks to efficiently verify and organize large sets of transactions. It works by repeatedly hashing pairs of transaction data to form a single root hash, known as the Merkle root, which represents the entire dataset. This structure allows nodes to confirm the integrity of individual transactions without storing the full dataset. Merkle trees are widely used in blockchains like Bitcoin and Ethereum to enhance security and reduce storage requirements.
BitMEX Proposes Canary Fund to Counter Bitcoin Quantum Threat Without Coin Freeze
BitMEX Research has proposed a “canary fund” system to address potential quantum threats to Bitcoin, offering a conditional alternative to controversial plans to freeze vulnerable coins.
Google Says Fewer Qubits Needed to Break Crypto Encryption
New Google research suggests quantum computers may break crypto encryption with far fewer qubits than previously expected.
Quantum Facility Construction Raises Long-Term Questions for Bitcoin Security
By
Julia Sakovich
• 3 mins read
PsiQuantum has begun construction on a large-scale quantum computing facility designed to house a one million-qubit system. Researchers say machines of this scale could eventually challenge Bitcoin’s cryptography.
Coinbase Establishes Expert Board to Assess Quantum Computing Risks to Bitcoin
By
Michael Turner
• 3 mins read
Coinbase has formed an independent advisory board of cryptography and quantum experts to evaluate long-term risks that quantum computing could pose to Bitcoin and blockchain security.