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TLDR Ethereum focuses on quantum resistance to secure the blockchain’s future. Vitalik Buterin outlines Ethereum’s long-term development with security goals. Ethereum aims for improved transaction efficiency and layer-2 scalability. Ethereum maintains a strong market position with price stability above $4,000. Vitalik Buterin, the co-founder of Ethereum, has shared insights into the blockchain’s long-term development. During [...] The post Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance appeared first on CoinCentral.

The post Quantica Tech Builds Quantum-Resistant Crypto ‘BTCQ’ appeared on BitcoinEthereumNews.com. Key Highlights Quantica Tech announced the development of Quantic Bitcoin (BTCQ), which is a new cryptocurrency designed to be secure against future attacks from advanced quantum computers The project uses a quantum interoperability protocol to connect classical and quantum systems The announcement comes amid a major investment from big tech firms like IBM and Google On October 6, Portuguese quantum computing firm Quantica Tech announced the development of Quantic Bitcoin (BTCQ). It is a quantum interoperability protocol to connect traditional blockchain networks with a next-generation computing framework. What is Quantic Bitcoin  According to the official press release, the concept of BTCQ comes from Quantica Tech’s proprietary Quantum Interoperability protocol, which opens the door for communication between classical blockchains and quantum processing systems.  This hybrid architecture allows the network to integrate quantum computing advantages for complex tasks like transaction validation and smart contract execution while maintaining backward compatibility with existing infrastructure. The project uses the Quantic Algorithmization method, which takes its inspiration from quantum principles like superposition and entanglement to process probabilistic outcomes more efficiently than conventional systems.  Technically speaking, BTCQ works on a multi-layered structure. Its base layer maintains Bitcoin’s proof-of-work consensus mechanism. However, it replaces vulnerable cryptographic signatures with quantum-resistant alternatives based on NIST-approved post-quantum standards.  This provides Shor’s algorithm attacks that threaten conventional blockchain security. The network also uses emulators to run quantum algorithms on classical hardware during this transitional period. This removes the need for quantum computer access while preparing for full integration.  “At the foundation of Quantic Bitcoin lies Quantic Algorithmization, a new philosophy of algorithm design, inspired by quantum models. To demonstrate this approach, Quantica Tech successfully applied it to predict the outcome of the latest U.S. presidential election using real-time public data streams. The experiment accurately forecast both the electoral college and popular vote…

Key takeaways: The Ethereum Name Service is a network that enables crypto enthusiasts to rename their cryptocurrency addresses into something simpler, making them easier to remember. Renaming crypto addresses through ENS will enable users to recollect and write them quickly. Even though Ethereum Name Service is based on the Ethereum blockchain, it uses its cryptocurrency, […]