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Google Announces Latest Breakthrough, Threat of Quantum Technology to Bitcoin Intensifying
Summary: According to Decrypt, Google's latest quantum processor has achieved a milestone that physicists have been pursuing for decades: surpassing the world's most powerful supercomputers in computational speed. This also means that the long-standing concern about quantum computing posing a threat to Bitcoin seems to be becoming more real than ever. According to a study published ...
According to Decrypt, Google's latest quantum processor has achieved a milestone that physicists have been pursuing for decades: surpassing the world's most powerful supercomputers in computational speed. This also means that the long-standing concern about quantum computing posing a threat to Bitcoin seems to be becoming more real than ever. According to a study published in the journal Nature on Wednesday, Google's 105-qubit Willow chip successfully ran a physical algorithm faster than any classical computer - the first time quantum advantage has been experimentally verified on real hardware. Although the application scope of this peer-reviewed achievement is still limited, its significance is profound: it indicates that quantum processors are gradually approaching reliability for practical applications, and it also suggests that one day in the future, they may have the ability to crack the encryption technology protecting Bitcoin and other digital assets.
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Link: Google Announces Latest Breakthrough, Threat of Quantum Technology to Bitcoin Intensifying [Copy]