Quantum Startup BTQ Proposes More Energy Efficient Alternative to Crypto's Proof of Work
Description
BTQ, a quantum computing startup, has proposed a quantum-powered alternative to Proof of Work (PoW) called Coarse-Grained Boson Sampling (CGBS). The method outlined aims to improve energy efficiency and safeguard blockchain networks from future quantum attacks. However, implementing the system would require a hard fork and quantum-ready infrastructure, posing significant challenges.
Publish date
Jan 28, 2025 - 4:39pm