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Here are the big take aways copied from the article on how their research aims to change how proof of work is done in the future with quantum computing.
Innovative Technology: The research demonstrates how CGBS can enable a new type of Proof-of-Work (PoW) consensus, replacing energy-intensive calculations in traditional blockchain mining with efficient quantum processes. This innovation makes blockchain systems faster and more sustainable.
Energy Efficiency: Unlike conventional PoW, which requires immense computational power and high energy consumption, this approach utilizes quantum hardware to complete mining tasks with minimal energy. Post-Quantum Security: The proposed approach is designed to resist attacks from quantum computers, ensuring long-term security for blockchain systems as technology evolves.
Post-Quantum Security: The proposed approach is designed to resist attacks from quantum computers, ensuring long-term security for blockchain systems as technology evolves.
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Would it still function as a proof of work mechanism if want does not incur the cost of energy anymore? What's the alternative cost? Time? Hardware?