Blockaday

Episode 5 of the Blockaday Podcast🎙️ is now available! We were joined by @_christam96, Head of Partnerships at @btq_ag, for a discussion about post-quantum blockchain. Link 👇

The event will take place virtually (Zoom) on Tuesday, August 2 at 7pm PST. Register for the event here: linkedin.com/events/q-awithb… Zoom link: ubc.zoom.us/j/68243545097?pw…

BTQ's @chenmou_cheng and guest speakers from @ubc will discuss how Quantum Computing poses an existential threat to cryptocurrency and blockchain😱, as well as the steps that BTQ is taking to quantum-proof our blockchain future ✅

Blockaday is hosting a Q&A with @btq_ag on the topic of Post-Quantum Cryptography and Blockchain!💻 Info and link below 👇

Tomorrow morning at 9am PST, the Blockaday Team will be hosted on iSea Speaks! 💯 Tune in to hear about our vision and the importance of education and community in crypto 📖

Blockaday is boothing at #F3STIVAL today and tomorrow! We've got trivia games and an NFT giveaway. If you're in attendance, come and say hey! 😄

If you want to purchase a ticket, click the link down below and enter promo code “ANGEL10” for 10% off regular price. Attendees will be able to redeem their ticket’s value in crypto at the event! eventbrite.ca/e/f3stival-wel… (2/2)

@Blockaday will be at #F3STIVAL on July 9-10 to celebrate 1000+ women in Web3. And we are giving away 3 tickets to the event! Here are the giveaway entry requirements: 1. Follow Blockaday on Twitter 2. Retweet this post Winners will be announced on July 5th, stay tuned! (1/2)

Blockchains need a software update to account for the new risks posed by adversarial quantum computers... ⚙

A quantum computer with enough qubits can calculate the private key (password) of a crypto wallet through its public key (address)! 🔓 This diminishes the legitimacy of the blockchain and all applications built on top (DeFi, NFTs, DAOs, Play-to-Earn, etc).

Each qubit stores twice the amount of information, leading to far greater performance than classical computers. When tasked with the challenge of factoring a 2048-bit number, a quantum computer would complete the task in a fraction of the time: half a day vs 317 trillion years!

What are quantum computers? 🖥 Quantum computers solve certain problems exponentially faster than classical computers. How do they do this? 🤔 Information is stored in quantum bits (qubits), capable of storing far more info than classical bits.

Breaking public-key cryptography—fundamental to Bitcoin—is possible on a future quantum computer that runs on the cloud. Quantum computers can run Shor’s algorithm, an efficient quantum algorithm for factoring integers.

Blockaday has partnered with @btq_ag to raise awareness about the Quantum Threat to Cryptocurrencies: Recent developments in Quantum Computing pose an existential threat to Bitcoin and other blockchains! 😱 Here's what you need to know 👇

Hopefully you enjoyed learning a bit more about Blockaday. We truly believe in this technology and industry, and will do everything in our power to further education and adoption!