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Startup lets researchers test blockchain tasks on a quantum computer for the first time

CoinDesk
Postquant Labs has launched a testnet allowing researchers to utilize quantum and classical computing to evaluate blockchain performance.

Summary

Postquant Labs has introduced Quip.Network, a public testnet that enables researchers to run blockchain tasks using a hybrid of quantum and classical computing. Developed with consultation and hardware access from D-Wave, the platform aims to determine if quantum annealing can improve blockchain efficiency, security, and performance. While many in the industry view quantum technology as a threat to encryption, this project explores its potential benefits. The testnet has already attracted 13,000 sign-ups, though it remains an experimental environment rather than a live mainnet, and its performance claims have yet to be independently verified.

(Source:CoinDesk)