Related papers: qBitcoin: A Peer-to-Peer Quantum Cash System
Quantum computing promises speedup of classical algorithms in the long term. Current hardware is unable to support this goal and programs must be efficiently compiled to use of the devices through reduction of qubits used, gate count and…
We discuss the problem of transfering a qubit from Alice to Bob using a noisy quantum channel and only finite resources. As the basic protocol for the transfer we apply quantum teleportation. It turns out that for a certain quality of the…
Quantum Teleportation, the transfer of the state of one quantum system to another without direct interaction between both systems, is an important way to transmit information encoded in quantum states and to generate quantum correlations…
We propose here a quantum secret sharing scheme that works for both quantum and classical secrets. The proposed scheme is based on both entanglement swapping and teleportation together. It allows sender to encrypt his/her secret and…
Quantum computing has seen tremendous progress in the past years. However, due to limitations in scalability of quantum technologies, it seems that we are far from constructing universal quantum computers for everyday users. A more feasible…
The use of digital money has become increasingly popular, but it comes with certain drawbacks. For instance, it can be challenging to make payments during power outages or internet failures. Additionally, some groups may find it difficult…
Executing quantum logic in cryogenic quantum computers requires a continuous energy supply from room-temperature control electronics. This dependence on external energy sources creates scalability limitations due to control channel density…
Distributed quantum computing (DQC) is a new paradigm aimed at scaling up quantum computing via the interconnection of smaller quantum processing units (QPUs). Shared entanglement allows teleportation of both states and gates between QPUs.…
Grover's algorithm confers on quantum computers a quadratic advantage over classical computers for searching in an arbitrary data set, a scenario that describes Bitcoin mining. It has previously been argued that the only side-effect of…
Near-term quantum computers can hold only a small number of qubits. One way to facilitate large-scale quantum computations is through a distributed network of quantum computers. In this work, we consider the problem of distributing quantum…
Data centers are nowadays referred to as the digital world's cornerstone. Quantum key distribution (QKD) is a method that solves the problem of distributing cryptographic keys between two entities, with the security rooted in the laws of…
Quantum communication holds the promise of creating disruptive technologies that will play an essential role in future communication networks. For example, the study of quantum communication complexity has shown that quantum communication…
The Bitcoin system only provides eventual consistency. For everyday life, the time to confirm a Bitcoin transaction is prohibitively slow. In this paper we propose a new system, built on the Bitcoin blockchain, which enables strong…
The global interest in quantum networks stems from the security guaranteed by the laws of physics. Deploying quantum networks means facing the challenges of scaling up the physical hardware and, more importantly, of scaling up all other…
In this letter we present the first implementation of a quantum coin tossing protocol. This protocol belongs to a class of ``two-party'' cryptographic problems, where the communication partners distrust each other. As with a number of such…
The no-cloning property of quantum mechanics allows unforgeability of quantum banknotes and credit cards. Quantum credit card protocols involve a bank, a client and a payment terminal, and their practical implementation typically relies on…
Cryptocurrencies are a digital medium of exchange with decentralized control that renders the community operating the cryptocurrency its sovereign. Leading cryptocurrencies use proof-of-work or proof-of-stake to reach consensus, thus are…
Quantum teleportation is an essential capability for quantum networks, allowing the transmission of quantum bits (qubits) without a direct exchange of quantum information. Its implementation between distant parties requires teleportation of…
Sending money in cryptocurrencies is majorly based on public keys or their hashed forms -- "addresses." These long random-looking strings are user unfriendly for transferring by other means than via copy-and-paste or QR codes. Replacing…
The key cryptographic protocols used to secure the internet and financial transactions of today are all susceptible to attack by the development of a sufficiently large quantum computer. One particular area at risk are cryptocurrencies, a…