Utilizing Computational Complexity to Protect Cryptocurrency Against Quantum Threats: A Review

Abstract

Digital currency is primarily designed on problems that are computationally hard to solve using traditional computing techniques. However, these problems are now vulnerable due to the computational power of quantum computing. For the postquantum computing era, there is an immense need to reinvent the existing digital security measures. Problems that are computationally hard for any quantum computation will be a possible solution to that. This research summarizes the current security measures and how the new way of solving hard problems will trigger the future protection of the existing digital currency from the future quantum threat.