A workforce of researchers from universities in Australia and america, in collaboration with quantum expertise firm BTQ, just lately printed a research proposing a brand new proof-of-work (PoW) scheme for blockchain consensus that depends on quantum computing methods to validate consensus.
Preprint analysis paper titled Proof of Work Consensus in Quantum Sampling. particulars system that, in keeping with the authors, “supplies dramatic speedup and power financial savings in comparison with computing with classical {hardware}.”
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