QRL Weekly, 2024-November-19
19th November 2024
Weekly Development Snapshot
- Reviewing changes for Javascript cryptography library implementation & wallet implementation of XMSS
- Reviewing changes related to address format for both Zond & Qrysm
- Changes for the Block reward is still in progress.
- Refactoring in progress for zond-web3-wallet
- npm package for zond-wallet-provider was released
Downtime Required for Bitcoin Quantum-Safety | QRL Post-Quantum Panel - Episode #2
In last weeks QRL Post-Quantum Panel episode on The QRL Show, we were joined by the co-authors of the new paper, “Downtime Required for Bitcoin Quantum-Safety”.
The team behind it are experts in the field and have worked together on their latest paper from the School of Computing at the University of Kent in Canterbury, England.
In this panel episode, we cover:
What threat(s) does quantum computing pose to Bitcoin How they arrived at the numbers in their paper Which scenario do they see as most likely to play out (can Bitcoin hard fork?) Technical costs of implementing these safeguards in blockchains … and much more
You don’t want to miss this episode…you can view it embedded below
Or read our blog for those who prefer a more condensed written summary.
Quantum News
Monster 4,400-qubit quantum processor is '25,000 times faster' than its predecessor
On 18 Nov 2024: D-Wave says its new Advantage2 processor, which is designed for complex applications in AI, optimization and data science, is faster and more accurate than its existing 5,000-qubit system. - livescience.com
Imminent Quantum Threat: Banks Are Already Preparing In France And Singapore
On 09 Nov 2024: The Banque de France and the Monetary Authority of Singapore have successfully tested a post-quantum cryptography-secured banking communication system, marking a significant advancement in protecting against future quantum computing threats. - cointribune.com
19th November 2024