With the crypto market continuing to trade sideways with mounting bearish pressure, niche categories for crypto tokens remain highly popular as traders and investors prowl for underrated and undervalued projects for long-term investments. Some popular crypto token types include Metaverse tokens, Web3 coins, and dApp tokens on various ecosystems like Tron, Elrond, Ethereum, Polkadot, etc.
Cryptocurrencies have the power to revolutionize finance by cutting out intermediaries. By bringing their exceptional capability to the design process, quantum computers and supercomputers have the potential to revolutionize the way medicines and materials are created.
But, Heres the issue: If quantum computing develops more quickly than efforts to future-proof digital money, the blockchain accounting system that underpins cryptocurrencies may be susceptible to sophisticated hacks and fake transactions.
On the other hand, some new cryptocurrencies claim to be quantum secure and quantum-resistant, which means they can withstand known quantum computer assaults. We will look at some cryptocurrency tokens at the top of their game.
Note: This list is ordered by market capitalization, from lowest to highest.
Mochimo (MCM), a brand-new cryptocurrency developed by an international team and released on June 25th, 2018, is resistant to threats from quantum computers.
Mochimo uses WOTS+ Quantum Resistant Security approved by the EU-funded PQCrypto research organization and a one-time addressing feature to secure privacy when you want it.
According to the website, the Mochimo blockchain remains small while substantially increasing TX speed using ChainCrunch, a proprietary algorithm. Using a compressed portion of the historical blockchain available on every node in the decentralized network, anyone can set up a full working node in minutes.
Industry experts in computer networking, artificial intelligence, telecommunications, cryptography, and software engineering make up the critical contributors of Mochimo.
Some top cryptocurrency exchanges for trading Mochimo $MCM are currently CITEX, FINEXBOX, and VinDAX.
The goal of HyperCash (HC), originally known as Hcash, is to make value transfers possible between various blockchains. It supports DAO governance, quantum resistance, and zero-hash proofs.
Its a decentralized and open-source cross-platform cryptocurrency designed to facilitate the exchange of information between blockchains and non-blockchain networks.
Its also a highly secure network featuring quantum-resistant signature technology.
The HCASH network has two chains running laterally, each serving different functions within the ecosystem.
Hcashs governance is based on a hybrid PoW/PoS consensus methodology and blockchain/DAG network.
If you want to know where to buy HyperCash at the current rate, check out these exchanges OKX, MEXC, KuCoin, Huobi Global, Gate.io, and Hoo. HyperCash is up 3.87% in the last 24 hours.
Nexus (NXS) is a community-driven initiative with the shared goal of creating a society characterized by progressive and ethical principles, advanced technology, and universal access to connection on a free and open basis.
Since September 23rd, 2014, Nexus has been created through mining alone, without an ICO or premine. Nexus uses post-quantum signature schemes (FALCON) and automated key management functions through the Signature Chains technology.
This technology eliminates key management issues (wallet.dats) by allowing users to access their accounts with the familiarity of a username, password, and PIN.
Another technology being developed by Nexus includes;
All the tech mentioned above is connected through a multi-dimensional chaining structure. Nexus is bringing this possibility to life with an end-to-end decentralized platform designed to empower every human being with technology to reclaim their digital identity.
Some top cryptocurrency exchanges for trading $NXS are Binance, Pionex, Bittrex, and CoinDCX.
The Quantum Resistant Ledger (QRL) is a fully quantum-resistant blockchain network using PQ-CRYPTO recommended/IETF standardized cryptography.
The QRL utilizes a hash-based eXtended Merkle Tree Signature Scheme (XMSS) instead of ECDSA, which is reportedly vulnerable to quantum attacks and found in many other blockchain projects.
According to the project, a set of applications and a development environment that enable users to simply build blockchain applications on its provably quantum-resistant network enhance the security of its platform.
Combining on-chain lattice key storage with their robust ephemeral messaging layer to internode communication provides a first-of-its-kind post-quantum secure message layer for ultra-secure digital communications.
The platform has a full suite of end-user products designed with the end-user in mind: from integrations with hardware wallets to mobile applications.
If you want to know where to buy $QRL, check out the CoinTiger exchange.
Launched in 2016, IOTA (MIOTA) is a distributed ledger. However, it differs significantly from a blockchain in that it isnt one. Instead, it uses a system of nodes called Tangle, its patented technology, to confirm transactions.
There are no fees since there is no blockchain, no mining, i.e., no miners. When congestion worsens, costs soar on many conventional networks, but IOTA seeks to offer limitless capacity at a low price.
The platforms foundation claims it provides much faster speeds than traditional blockchains and has the perfect footprint for the ever-expanding Internet of Things ecosystem.
The objective of IOTA is to establish itself as the default platform for carrying out IoT device transactions.
In summary:
According to the team behind the project, their distributed ledger may provide everyone access to digital identities, lead to auto insurance policies based on actual usage, open the door to cutting-edge smart cities, facilitate frictionless international trade, and establish the legitimacy of goods.
Some top cryptocurrency exchanges for trading $MIOTA are Binance, OKX, Bybit, Bitget, and BingX.
Disclosure: This is not trading or investment advice. Always do your research before buying any Quantum Computing token or investing in any cryptocurrency.
Follow us on Twitter@thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!
Image Source: grandeduc/123RF
Original post:
Top 5 Quantum Computing Crypto Tokens to Watch in 2022 - The VR Soldier
- The Quantum Computer Revolution Is Closer Than You May Think - National Review [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Time Crystals Could be the Key to the First Quantum Computer - TrendinTech [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- quantum computing - WIRED UK [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Chinese scientists build world's first quantum computing machine - India Today [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Here's How We Can Achieve Mass-Produced Quantum Computers - ScienceAlert [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- D-Wave partners with U of T to move quantum computing along - Financial Post [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Team develops first blockchain that can't be hacked by quantum computer - Siliconrepublic.com [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Telstra just wants a quantum computer to offer as-a-service - ZDNet [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Research collaborative pursues advanced quantum computing - Phys.Org [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Quantum Computing Market Forecast 2017-2022 | Market ... [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Quantum Computing Is Real, and D-Wave Just Open ... - WIRED [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- FinDEVr London: Preparing for the Dark Side of Quantum Computing - GlobeNewswire (press release) [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Purdue, Microsoft to Collaborate on Quantum Computer - Photonics.com [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Scientists May Have Found a Way to Combat Quantum Computer Blockchain Hacking - Futurism [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Microsoft and Purdue work on scalable topological quantum computer - Next Big Future [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- HYPRES Expands Efforts in Quantum Computing with Launch of European Subsidiary SeeQC - Business Wire (press release) [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- From the Abacus to Supercomputers to Quantum Computers - Duke Today [Last Updated On: June 13th, 2017] [Originally Added On: June 13th, 2017]
- Accenture, Biogen, 1QBit Launch Quantum Computing App to ... - HIT Consultant [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- The US and China "Quantum Computing Arms Race" Will Change Long-Held Dynamics in Commerce, Intelligence ... - PR Newswire (press release) [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- Quantum Computing Technologies markets will reach $10.7 billion by 2024 - PR Newswire (press release) [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- A Hybrid of Quantum Computing and Machine Learning Is Spawning New Ventures - IEEE Spectrum [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- KPN CISO details Quantum computing attack dangers - Mobile World Live [Last Updated On: June 16th, 2017] [Originally Added On: June 16th, 2017]
- Get ahead in quantum computing AND attract Goldman Sachs - eFinancialCareers [Last Updated On: June 16th, 2017] [Originally Added On: June 16th, 2017]
- Accenture, 1QBit partner for drug discovery through quantum ... - ZDNet [Last Updated On: June 16th, 2017] [Originally Added On: June 16th, 2017]
- Toward optical quantum computing - MIT News [Last Updated On: June 17th, 2017] [Originally Added On: June 17th, 2017]
- Quantum computing, the machines of tomorrow | The Japan Times - The Japan Times [Last Updated On: June 17th, 2017] [Originally Added On: June 17th, 2017]
- Its time to decide how quantum computing will help your ... [Last Updated On: June 18th, 2017] [Originally Added On: June 18th, 2017]
- Israel Enters Quantum Computer Race, Placing Encryption at Ever-Greater Risk - Sputnik International [Last Updated On: June 20th, 2017] [Originally Added On: June 20th, 2017]
- Prototype device enables photon-photon interactions at room ... - Phys.Org [Last Updated On: June 20th, 2017] [Originally Added On: June 20th, 2017]
- Dow and 1QBit Announce Collaboration Agreement on Quantum Computing - Business Wire (press release) [Last Updated On: June 21st, 2017] [Originally Added On: June 21st, 2017]
- Imperfect crystals may be perfect storage method for quantum computing - Digital Trends [Last Updated On: June 21st, 2017] [Originally Added On: June 21st, 2017]
- Dow Chemical, 1QBit Ink Quantum Computing Development Deal - Zacks.com [Last Updated On: June 22nd, 2017] [Originally Added On: June 22nd, 2017]
- Google on track for quantum computer breakthrough by end of 2017 - New Scientist [Last Updated On: June 22nd, 2017] [Originally Added On: June 22nd, 2017]
- USC to lead project to build super-speedy quantum computers - USC News [Last Updated On: June 24th, 2017] [Originally Added On: June 24th, 2017]
- The Quantum Computer Factory That's Taking on Google and IBM ... - WIRED [Last Updated On: June 24th, 2017] [Originally Added On: June 24th, 2017]
- The weird science of quantum computing, communications and encryption - C4ISR & Networks [Last Updated On: June 27th, 2017] [Originally Added On: June 27th, 2017]
- Multi-coloured photons in 100 dimensions may make quantum ... - Cosmos [Last Updated On: June 30th, 2017] [Originally Added On: June 30th, 2017]
- Global Quantum Computing Market Growth at a CAGR of 35.12 ... - PR Newswire (press release) [Last Updated On: June 30th, 2017] [Originally Added On: June 30th, 2017]
- Qudits: The Real Future of Quantum Computing? - IEEE Spectrum - IEEE Spectrum [Last Updated On: June 30th, 2017] [Originally Added On: June 30th, 2017]
- New method could enable more stable and scalable quantum ... - Phys.Org [Last Updated On: June 30th, 2017] [Originally Added On: June 30th, 2017]
- Quantum computers are about to get real | Science News - Science News Magazine [Last Updated On: June 30th, 2017] [Originally Added On: June 30th, 2017]
- Quantum Computing - Scientific American [Last Updated On: June 30th, 2017] [Originally Added On: June 30th, 2017]
- Australia's ambitious plan to win the quantum race - ZDNet [Last Updated On: July 3rd, 2017] [Originally Added On: July 3rd, 2017]
- How quantum mechanics can change computing - The Conversation - The Conversation US [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- UNSW joins with government and business to keep quantum computing technology in Australia - The Australian Financial Review [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- UNSW launches Australia's first hardware quantum computing company with investments from federal and NSW ... - OpenGov Asia [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- Finns chill out quantum computers with qubit refrigerator to cut out errors - ZDNet [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- Hype and cash are muddying public understanding of quantum ... - The Conversation AU [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- IEEE Approves Standards Project for Quantum Computing ... - insideHPC [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- Silicon Quantum Computing launched to commercialise UNSW ... - ZDNet [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- The Era of Quantum Computing Is Here. Outlook: Cloudy ... [Last Updated On: January 30th, 2018] [Originally Added On: January 30th, 2018]
- The Era of Quantum Computing Is Here. Outlook: Cloudy | WIRED [Last Updated On: February 6th, 2018] [Originally Added On: February 6th, 2018]
- Quantum computing in the NISQ era and beyond [Last Updated On: February 6th, 2018] [Originally Added On: February 6th, 2018]
- What is quantum computing? - Definition from WhatIs.com [Last Updated On: February 6th, 2018] [Originally Added On: February 6th, 2018]
- Quantum computers - WIRED UK [Last Updated On: February 19th, 2018] [Originally Added On: February 19th, 2018]
- Is Quantum Computing an Existential Threat to Blockchain ... [Last Updated On: February 21st, 2018] [Originally Added On: February 21st, 2018]
- What is Quantum Computing? Webopedia Definition [Last Updated On: March 25th, 2018] [Originally Added On: March 25th, 2018]
- Quantum Computing Explained - WIRED UK [Last Updated On: April 15th, 2018] [Originally Added On: April 15th, 2018]
- Quantum computing: A simple introduction - Explain that Stuff [Last Updated On: June 2nd, 2018] [Originally Added On: June 2nd, 2018]
- What are quantum computers and how do they work? WIRED ... [Last Updated On: June 22nd, 2018] [Originally Added On: June 22nd, 2018]
- How Quantum Computers Work [Last Updated On: July 22nd, 2018] [Originally Added On: July 22nd, 2018]
- The reality of quantum computing could be just three years ... [Last Updated On: September 12th, 2018] [Originally Added On: September 12th, 2018]
- The 3 Types of Quantum Computers and Their Applications [Last Updated On: November 24th, 2018] [Originally Added On: November 24th, 2018]
- Quantum Computing - VLAB [Last Updated On: January 27th, 2019] [Originally Added On: January 27th, 2019]
- Quantum Computing | Centre for Quantum Computation and ... [Last Updated On: January 27th, 2019] [Originally Added On: January 27th, 2019]
- Microsofts quantum computing network takes a giant leap ... [Last Updated On: March 7th, 2019] [Originally Added On: March 7th, 2019]
- IBM hits quantum computing milestone, may see 'Quantum ... [Last Updated On: March 7th, 2019] [Originally Added On: March 7th, 2019]
- Quantum technology - Wikipedia [Last Updated On: March 13th, 2019] [Originally Added On: March 13th, 2019]
- Quantum Computing | D-Wave Systems [Last Updated On: April 18th, 2019] [Originally Added On: April 18th, 2019]
- Microsoft will open-source parts of Q#, the programming ... [Last Updated On: May 7th, 2019] [Originally Added On: May 7th, 2019]
- What Is Quantum Computing? The Complete WIRED Guide | WIRED [Last Updated On: May 8th, 2019] [Originally Added On: May 8th, 2019]
- The five pillars of Edge Computing -- and what is Edge computing anyway? - Information Age [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Moore's Law Is Dying. This Brain-Inspired Analogue Chip Is a Glimpse of What's Next - Singularity Hub [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Experts Gather at Fermilab for International Workshop on Cryogenic Electronics for Quantum Systems - Quantaneo, the Quantum Computing Source [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Princeton announces initiative to propel innovations in quantum science and technology - Princeton University [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Detecting Environmental 'Noise' That Can Damage The Quantum State of Qubits - In Compliance [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Quantum Computing beginning talks with clients on its quantum asset allocation application - Proactive Investors USA & Canada [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- What is quantum computing? The next era of computational evolution, explained - Digital Trends [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- IT sees the Emergence of Quantum Computing as a Looming Threat to Keeping Valuable Information Confidential - Quantaneo, the Quantum Computing Source [Last Updated On: October 23rd, 2019] [Originally Added On: October 23rd, 2019]
- More wrong answers get quantum computers to find the right one - Futurity: Research News [Last Updated On: October 23rd, 2019] [Originally Added On: October 23rd, 2019]