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Assumptions and Approximations for Quantum Bitcoin Mining

13 Jan 2025

Explore the key assumptions and approximations used to model quantum Bitcoin mining.

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A Markov Chain Approach to Quantum Bitcoin Mining

13 Jan 2025

Explore the Markov chain model for quantum mining, analyzing the probability of success for both aggressive and peaceful mining strategies based on key events.

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Quantum Mining Algorithms: Comparing Aggressive and Peaceful Mining Strategies

13 Jan 2025

Discover two quantum mining strategies—aggressive and peaceful—and how they affect the probability of success in finding and accepting a marked Bitcoin block.

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Are Quantum Miners the Future of Bitcoin?

12 Jan 2025

Explore the conditions under which a quantum miner could outperform classical miners in Bitcoin mining, using Grover’s algorithm for an edge.

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The Risks of Quantum Mining: What Bitcoin Users Need to Know

12 Jan 2025

Learn about the security risks quantum mining poses to Bitcoin, including stale blocks and the potential impact of aggressive mining on network stability.

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Understanding Grover’s Search Algorithm

12 Jan 2025

Explore Grover’s quantum algorithm for unstructured search and its quadratic speedup over classical algorithms in the oracle setting."

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How Bitcoin Prevents Double Spending Without a Central Authority

12 Jan 2025

Learn how Bitcoin prevents double spending attacks through its decentralized blockchain, without relying on a central authority.

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The Mechanics of Bitcoin Mining: Block Creation, Rewards, and Blockchain Integrity

12 Jan 2025

An overview of Bitcoin's blockchain and protocol, explaining hash pointers, the coinbase transaction, and how mining rewards and difficulty adjustments work.

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How SHA-256 Hashing Works in Bitcoin

12 Jan 2025

Learn the key definitions and hashing procedures involving SHA-256, a cryptographic function central to Bitcoin's security.