Pacta AG
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13/01/2023
While it is possible that quantum computers could potentially compromise the security of blockchains in the future, there are several reasons to believe that blockchains will be safe towards quantum computing, including the use of proof-of-work algorithms and the development of quantum-resistant cryptographic algorithms.
Pacta.News | » Are Blockchains Safe Toward Quantum Computing? Are Blockchains Safe Toward Quantum Computing? Blockchains are distributed databases that use cryptography to secure and verify transactions. They have become popular in recent years due to their ability to provide a secure and transparent record of transactions, without the need for a central autho...
13/01/2023
Why the fails of FTX and Terra LUNA / UST are rather a proof of a healthy crypto market than a problem of the blockchain concept.
Pacta.News | » FTX and UST Disasters: Not a Blockchain Issue FTX and UST Disasters: Not a Blockchain Issue The Fall of UST In May 2022, the Terra LUNA and UST stable coin system suffered a complete collapse. Within a few days, the value of UST dropped from $1 to just a few cents and has not recovered since then: What is a Stable Coin A stable coin is a crypto...