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Quantum Computing

Advanced

Quantum computing is a next-generation emerging technology that performs complex computations using quantum bits (qubits), significantly faster than today’s computers. In blockchain, quantum computing poses a potential threat to current encryption methods. Though practical quantum computers are not yet advanced enough to break blockchain security, developers are actively working on quantum-resistant algorithms to prepare for future risks.

Related Words

Quantstamp

Intermediate

Quantstamp is a blockchain security firm that audits smart contracts and decentralised apps to identify vulnerabilities and ensure platform safety.

QR Code

Beginner

In cryptocurrency, a QR code is a scannable image that contains information such as wallet addresses or payment details. It streamlines and secures transactions by lowering the risk of errors from copying and pasting long crypto addresses.

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