Glossary Private Key

Operates in tandem with a Public key as part of common asymmetric cryptography standards, this key should never be shared.

Research: quantum computers can decipher private keys of cryptocurrencies

Immutability and difficult-to-solve algorithms are the main attractions for cryptocurrencies like Bitcoin apart from potentially creating a new financial system. However, recent research suggests the underlying technology may not be as resilient as perceived. Quantum Computing Threatens Bitcoin On July 16, 2018, academic outlet The Conversation highlighted a method utilizing powerful quantum computers to decipher Bitcoin’s […]

Research: quantum computers can decipher private keys of cryptocurrencies
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