Market Cap
24h Vol
5720
Cryptocurrencies
59.70%
Bitcoin Share

Is Blockchain Just A Transition Technology?

Is Blockchain Just A Transition Technology?


Seeking Alpha
2022-02-17 10:34:00

Submitting a PoW for a new cryptocurrency is what creates a new token or coin.Once the problem-solving capacity of standard computers is outpaced enough by their quantum counterparts, all the blockchains in the world will become hackable by anyone with a quantum computer.Unless all blockchain applications have been fundamentally redesigned ahead of time, they will likely be rendered unsafe and useless.


.
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.