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Quantum Computing

Definition

Quantum computing represents a new computing paradigm that leverages quantum mechanical phenomena, such as superposition and entanglement, to perform calculations. Unlike classical computers that use bits representing 0 or 1, quantum computers use qubits that can represent 0, 1, or both simultaneously, allowing for potentially exponential increases in computational power for specific types of problems. This capability poses a significant threat to current cryptographic algorithms, particularly those used to secure digital assets and transactions. The advancement of quantum computing necessitates the development of quantum-resistant cryptographic solutions.