Qubic, an AI protocol, has recently attempted a 51% attack on the Monero cryptocurrency but failed. Following this, the protocol has shifted its focus to targeting Dogecoin, as decided by a community vote that favored Dogecoin over Zcash and Kaspa. In response to these threats, the Monero community is considering a potential overhaul of its proof-of-work consensus mechanism to enhance resistance against such attacks, with proposals including localized mining. Meanwhile, the broader cybersecurity landscape is facing emerging challenges from advances in quantum computing. Large quantum computers, capable of breaking most current encryption methods within seconds using Shor's algorithm, pose a 'store now, decrypt later' threat. Experts and organizations, including Google and IBM, anticipate practical quantum computing within the next decade, which could revolutionize industries and necessitate urgent improvements in cybersecurity. Efforts are underway to develop quantum-resistant technologies, with proposals to make cryptocurrencies like Kaspa more secure against quantum attacks. Recent scientific breakthroughs in quantum computing and quantum information scrambling mark progress toward practical applications, signaling a transformative era ahead for technology and security.
Scientists “break impossible Century-Old Physics Barrier” with this new research https://t.co/qRsPf04d8s
#Two 20-qubit quantum computers have successfully simulated #QuantumInformation scrambling, demonstrating a key step toward practical applications in quantum statistical mechanics and complex system modeling. @riken_en @PhysRevResearch https://t.co/7DBNK16DLW
A recent mathematical breakthrough may help inspire more realistic models for how electrons behave in semiconductors. https://t.co/QuoAq9hSrP https://t.co/yo2ufpCowQ