@radiant94knight

The convergence of blockchain and quantum computing is accelerating, impacting cryptocurrency security and consensus mechanisms. Quantum computing threatens traditional encryption like RSA and ECDSA, as algorithms like Shor’s could break them, jeopardizing wallet security. Consensus mechanisms, such as Proof of Work, face risks from quantum speedup via Grover’s algorithm, potentially centralizing mining power. Quantum Resistant Ledger (QRL) counters this with XMSS, a quantum-resistant signature scheme, offering robust security against quantum attacks. Its technical edge lies in proactive post-quantum cryptography, ensuring long-term asset protection. While promising, QRL’s adoption and scalability remain key challenges in a competitive market.

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