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How the Crypto World Is Preparing for Quantum Computing, Explained

Quantum computing is a new method of processing data and solving problems, which differs from classical computing that is widely used in everyday devices. Quantum computers, which have at times been dismissed as a physical impossibility, have gone from the realm of "If" to the realm of "When" over ..

Monero’s Triptych Research Could Vastly Improve Its Anonymity

News The Monero Research Lab (MRL) has released Triptych in a Jan. 6 paper proposing trustless logarithmic-size ring signatures. As Monero’s core anonymity mechanism, research aimed at decreasing their size could improve the coin’s privacy significantly. Monero (XMR) is a privacy coin that uses se..

Samsung SDS to Use Zero-Knowledge Proofs on Business Blockchain

News Samsung SDS, the IT arm of tech giant Samsung, has integrated QEDIT’s zero-knowledge proof solution (ZKP) to its Nexledger blockchain. By applying ZKP, Samsung SDS intends to provide a higher level of privacy for users of its enterprise blockchain platform Nexledger, QEDIT said in a press rel..

Blockchain Must Solve These 3 Issues to Avoid Quantum Threat: Expert

News Blockchain community should immediately begin working on three issues to prevent being overtaken by quantum computers, a cryptography expert says. Xinxin Fan, head of cryptography at privacy-IoT blockchain platform IoTeX, published an article in The International Business Times on Nov. 7, cal..

Binance CEO: New Wallet Security Solution ‘Far Superior’ to Multi-Sig

News The CEO of Binance claims that a newly open-sourced solution for wallet providers and custodians is “far superior” to multi-sig security and will reshape the industry. In a tweet published on Nov. 6, Changpeng Zhao linked to a new open-source release from Binance, declaring: “I believe TSS (t..

China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020

News The Standing Committee of the 13th National People's Congress in China has passed a new law regulating cryptography on Oct. 26 that will take effect on Jan. 1, 2020, reports local news outlet CCTV. Per the report, the new regulatory framework aims to set standards for the application of..

Decentralized Communication Startup New Vector Raises $8.5M

News London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol. Slack rival Riot.IMThe Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM,..

Israeli Startup That Allows Offline Crypto Transactions Secures $4M

News Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies. The new system uses GK8’s proprietary cryptographic techniques that enable instant blockchain transactions of digital assets without any need for an internet connectio..

NSA Working to Develop Quantum-Resistant Cryptocurrency: Report

News The United States’ National Security Agency (NSA) is allegedly working to develop a quantum-resistant cryptocurrency. The claim was made in a tweet by Bloomberg Technology reporter William Turton on Sept. 4, who was in attendance at the Billington CyberSecurity 10th annual summit in Washingto..

Bitcoin Dev Reveals Multisig UI Teaser for Hardware Wallets, Full Nodes

News The organizer of a Bitcoin (BTC) programming boot camp has published a multisignature (multisig) user interface (UI) proof-of-concept for both hardware wallets and full nodes. Justin Moon published a quick guide to using the prototype UI on Twitter on Aug. 28, together with the full software ..

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