Quantum Startup Unveils Energy Efficient Crypto

BTQ Proposes Quantum-Based Alternative to Bitcoin’s Proof of Work

• BTQ researchers propose Coarse-Grained Boson Sampling (CGBS) as an alternative to Proof of Work (PoW).
• CGBS uses light particles, or bosons, to generate unique blockchain state patterns.
• This method aims to reduce energy consumption compared to traditional PoW algorithms.
• Implementing CGBS would require a hard fork of the Bitcoin network.
• The transition involves replacing existing ASIC hardware with quantum-ready infrastructure.

BTQ’s proposed Coarse-Grained Boson Sampling (CGBS) method could significantly lower energy use in blockchain processes but requires a major infrastructure overhaul, including a hard fork and new quantum-ready hardware.