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An Alternative Approach to Cryptocurrency Security - Vimarsana News

An Alternative Approach to Cryptocurrency Security

An Alternative Approach to Cryptocurrency Security May 5, 2021 nickster2407) • April 7, 2021     Gideon Samid, CTO, BitMint Today's cryptocurrencies are based on cryptographic standards that eventually could be broken via quantum computing, says Gideon Samid of BitMint, which has developed a virtual currency based instead on the concept of "quantum randomness." Samid says relying on algorithmic complexity for cryptography is dangerous because advances in quantum computing could render that approach ineffective. "Ra...