Introduction of quantum-based PoW by BTQ
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The research paper, Proof-of-Work Consensus by Quantum Sampling, was peer-reviewed and published in Quantum Science and Technology, underscoring its credibility in the scientific community
BTQ Technologies published a peer-reviewed paper titled Proof-of-Work Consensus by Quantum Sampling, introducing a quantum-based Proof-of-Work (PoW) consensus mechanism called Coarse-Grained Boson Sampling (CGBS) as an alternative to classical hash-based PoW systems
BTQ’s proposed quantum PoW model replaces conventional cryptographic puzzles with quantum sampling tasks, maintaining blockchain security and decentralisation
BTQ’s research shows that Coarse-Grained Boson Sampling (CGBS) enhances blockchain consensus by using quantum boson sampling to validate transactions, generate encryption and improve energy efficiency while maintaining security
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BTQ proposes quantum-based Proof-of-Work to enhance blockchain security and energy efficiency
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