2024

Quantum

Bitcoin

Impact

Coin

<ul class="news-points wp-block-list">
 <li><strong>Google’s Willow chip achieves 105 qubits but remains far from cracking Bitcoin encryption.&nbsp;&nbsp;</strong></li>
 <li><strong>Breaking Bitcoin’s encryption would require over 1 million qubits, far beyond Willow’s power.&nbsp;&nbsp;</strong></li>
 <li><strong>The crypto market panicked over Willow’s announcement, causing a temporary sell-off.&nbsp;&nbsp;</strong></li>
</ul>
<p>The crypto market dipped after Google’s recent announcement. Sundar Pichai, Google’s CEO, revealed that they made a breakthrough in quantum computing with their new chip, <a href="https://quantumai.google/" target="_blank" rel="noopener noreferrer nofollow">Willow</a>.</p>
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   <p lang="en" dir="ltr">Introducing Willow, our new state-of-the-art quantum computing chip with a breakthrough that can reduce errors exponentially as we scale up using more qubits, cracking a 30-year challenge in the field. In benchmark tests, Willow solved a standard computation in &lt;5 mins that would…</p>— Sundar Pichai (@sundarpichai) <a href="https://twitter.com/sundarpichai/status/1866167429367468422?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 9, 2024</a>
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<p>This quantum processor can perform complex computations in under five minutes—a task that would take classical supercomputers approximately <a href="https://blog.google/technology/research/google-willow-quantum-chip/#:~:text=Willow%E2%80%99s%20performance%20on%20this%20benchmark%20is%20astonishing%3A%20It%20performed%20a%20computation%20in%20under%20five%20minutes%20that%20would%20take%20one%20of%20today%E2%80%99s%20fastest%20supercomputers%201025%20or%2010%20septillion%20years." target="_blank" rel="noopener noreferrer nofollow">10 septillion years</a>. But it also raised concerns among investors about what this means for blockchain tech and crypto security.</p>
<p>Quantum computing has long been a theoretical threat to blockchain security. Bitcoin and other crypt…</p>
<p>The post <a href="https://coinedition.com/quantum-computing-and-crypto-will-googles-willow-impact-blockchain/" rel="noopener noreferrer nofollow">Quantum Computing and Crypto: Will Google’s Willow Impact Blockchain?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Quantum Computing and Crypto: Will Google’s Willow Impact Blockchain?

Coin Edition

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