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Is Quantum Computing a Threat to Blockchain Consensus
- Quantum computing poses a threat to blockchain consensus and security mechanisms.
- Algorithms like Shor’s and Grover’s algorithm pose the greatest risks to blockchain security.
- Stronger quantum computers may emerge within the next 10-20 years.
- Possible solutions include dual-signature systems, quantum key distribution, and replacing ECDSA with lattice-based algorithms.
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