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Jun 20, 2023 News

[New Scientist] Quantum computers could slash the energy use of cryptocurrencies

Mining cryptocurrencies like bitcoin could be done using quantum computers, cutting their electricity use by 90 per cent ‍Quantum computers could be used to mine existing cryptocurrencies like bitcoin or future, more energy-efficient ones, slashing their electricity use, according to two new analyses. Cryptocurrencies that rely on a “proof of work” method perform computationally intensive calculations to produce new coins and certify transactions, at great energy cost. Some networks have moved

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Jun 1, 2023 News

[CoinTelegraph] Scientists propose quantum proof-of-work consensus for blockchain

Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain. A team of researchers from universities in Australia and the United States, working in collaboration with quantum technology company BTQ, recently published research proposing a novel proof-of-work (PoW) scheme for blockchain consensus that relies on quantum computing techniques to validate consensus. Dubbed “Proof-of-work consensus by quantum sampli

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Mar 31, 2023 News

BTQ Participating in "Problem Solvers: CoinDesk Projects to Watch" Panel at Consensus 2023

We are excited to announce that we will be attending the Consensus 2023 conference in Austin, Texas, from April 26 to 28. The conference is one of the largest events in the blockchain and cryptocurrency industry, bringing together thought leaders, entrepreneurs, and developers to discuss the latest trends and innovations in the space. As part of the conference, our COO, Nicolas Roussy Newton, will be a guest speaker on the "Problem Solvers: CoinDesk Projects to Watch" panel on Friday, April 28

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Jan 23, 2022 News

The Quantum Terminal: Terminally Quantum Podcast

On this episode of Terminally Quantum, Nicolas Roussy Newton (COO) shares BTQ's great achievements in bringing quantum secure technology to the global market and post-quantum cryptography and blockchain in the quantum era. Find the podcast here.

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