Archives
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COMPUTERS November 21, 2017 The Future of Bitcoin is Threatened by Quantum Computers
By: Loknath DasA Different Kind of Computing While much of the world is captivated by the meteoric rise of bitcoin’s value, others are focused on the technology behind the cryptocurrency: blockchain. The decentralized digital ledger tech is built upon a peer-to-peer network, and it is far more secure than the centralized systems used by traditional banks and financial […]
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COMPUTERS November 9, 2017 Quantum computers could crack Bitcoin, but fixes are available now
By: Loknath DasAn international group of quantum boffins reckons Bitcoin could be broken by the year 2027. The researchers from Singapore, Australia and France say that scenario represents the worst case, and would see a quantum computer able to run Shor’s algorithm against the cryptocurrency’s protective elliptic curve signature quicker than the 10 minutes Bitcoin needs to […]
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COMPUTERS November 9, 2017 Quantum Computers Pose Imminent Threat to Bitcoin Security
By: Loknath DasBitcoin is taking the world by storm. The decentralized digital currency is a secure payment platform that anybody can use. It is free from government interference and operated by an open, peer-to-peer network. This independence is one reason Bitcoin has become so popular, causing its value to rise steeply. At the beginning of 2017, a single […]
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ELECTRONICS January 11, 2017 Bitcoin Hits Three Year High: What Should Small Businesses Know?
By: sristy SahaIn 2016 Bitcoin rose 125 percent in value, and it started 2017 by topping the $1,000 mark for the first time in three years. After reaching a high of $1,153.02, the crypto currency once again showed its volatility by dropping $200 on January 5 in just one hour. It currently stands at $970.18 as of […]