Scientists suggest quantum proof-of-work consensus for blockchain

A crew of researchers from universities in Australia and america, working in collaboration with quantum expertise firm BTQ, just lately revealed analysis proposing a novel proof-of-work (PoW) scheme for blockchain consensus that depends on quantum computing strategies to validate consensus.

Dubbed “Proof-of-work consensus by quantum sampling,” the preprint analysis paper particulars a system that the authors declare “gives dramatic speedup and power financial savings relative to computation by classical {hardware}.”

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