News with the tag "quantum computing"

QpiAI, an Indian quantum computing startup, secured $32 million in funding to advance India's quantum technology ambitions, supported by the National Quantum Mission.

The article covers recent developments in the cryptocurrency space, including Eclipse's airdrop, Risc Zero's incentivized testnet, a Bitcoin proposal to address quantum vulnerabilities, and the introduction of a DePIN-powered credit card.

Jameson Lopp proposes a Bitcoin Improvement Proposal (BIP) to integrate post-quantum cryptography (PQC) into Bitcoin, addressing the potential threat posed by quantum computing to the network's security.

Vitalik Buterin discusses Ethereum's preparedness against quantum computing threats, highlighting ongoing cryptographic innovations and a projected timeframe for quantum risks.

A simulated quantum stress test by OpenAI's ChatGPT o3 model predicts that a 2026 quantum-computing breakthrough could render many current cryptographic standards obsolete, posing an existential threat to blockchain and cryptocurrencies, with some coins like Algorand being more resilient than others.