A crew of researchers from Australian and US universities, working in collaboration with quantum know-how firm BTQ, just lately revealed analysis proposing a brand new proof-of-work (PoW) scheme for blockchain consensus that builds on quantum computing strategies to validate the consensus.
Dubbed “Quantum Sampling Proof-of-Work Consensus,” the preprint analysis paper particulars a system which, in response to the authors, “supplies appreciable speedup and energy financial savings in comparison with computing by typical {hardware}”.
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