Are these Cryptocurrencies Quantum Secure? | QRL, Mochimo, IOTA, Cardano

Anastasia Marchenkova
9 min readJul 30, 2021
Photo by Tima Miroshnichenko from Pexels

There’s been a lot of chatter about quantum computing destroying bitcoin.

Quantum computers are really effective against Elliptic curve encryption, and RSA encryption. While RSA isn’t used as much in cryptocurrencies, Elliptic Curve Digital Signature Algorithm or ECDSA is the cryptographic algorithm used by Bitcoin to make sure that only the…

--

--