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MainNewsQuantum Comp...

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


by Coin Edition
for CoinEdition
Quantum Computing and Crypto: Will Google’s Willow Impact Blockchain?
  • Google’s Willow chip achieves 105 qubits but remains far from cracking Bitcoin encryption.  
  • Breaking Bitcoin’s encryption would require over 1 million qubits, far beyond Willow’s power.  
  • The crypto market panicked over Willow’s announcement, causing a temporary sell-off.  

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, Willow.

This quantum processor can perform complex computations in under five minutes—a task that would take classical supercomputers approximately 10 septillion years. But it also raised concerns among investors about what this means for blockchain tech and crypto security.

Quantum computing has long been a theoretical threat to blockchain security. Bitcoin and other crypt…

The post Quantum Computing and Crypto: Will Google’s Willow Impact Blockchain? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsQuantum Comp...

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


by Coin Edition
for CoinEdition
Quantum Computing and Crypto: Will Google’s Willow Impact Blockchain?
  • Google’s Willow chip achieves 105 qubits but remains far from cracking Bitcoin encryption.  
  • Breaking Bitcoin’s encryption would require over 1 million qubits, far beyond Willow’s power.  
  • The crypto market panicked over Willow’s announcement, causing a temporary sell-off.  

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, Willow.

This quantum processor can perform complex computations in under five minutes—a task that would take classical supercomputers approximately 10 septillion years. But it also raised concerns among investors about what this means for blockchain tech and crypto security.

Quantum computing has long been a theoretical threat to blockchain security. Bitcoin and other crypt…

The post Quantum Computing and Crypto: Will Google’s Willow Impact Blockchain? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

All Signs Point To A Bitcoin Liftoff—Here’s What The Experts See

All Signs Point To A Bitcoin Liftoff—Here’s What The Experts See

Based on reports from analyst Moustache, Bitcoin may be gearing up for its next big m...
What Are Savvy Bitcoin and Ether Traders Preparing For as Summer Approaches?

What Are Savvy Bitcoin and Ether Traders Preparing For as Summer Approaches?

Traders are seemingly shoring up their defenses.