Topic: Is Willow (Google new quantum computer chip) going to kill Bitcoin? (Read 584 times)

If we're talking about finding Bitcoin private keys that contain balances (i.e. not any targetted attacks), that's a bit of a gray area and I don't think many countries would have laws specifying this.
It's not quite the same as trying to get access to someone's private account. You could say that it's the responsibility of everyone who participates in the Bitcoin network to know and accept all the risks. And if we create a situation where you're unable to use Bitcoin unless you're able to explain every transaction to authorities and prove that you're the "rightful" owner of the coins, then what would be the purpose of it anyway?

sue Google

Of course, it is.
But if the money is theirs now, what you are going to do? Crack them back?

even if they crack it and can access the money. isn't it a crime for them to take / transfer the money?

I was also confused by the news related to quantum computing in my early years in the market. But the funny thing is that years have passed and the news is still just news, there is no more evidence to confirm that quantum computers can destroy bitcoin or cryptocurrencies. I don't know what quantum computers can do but like you said: if it could destroy bitcoin it would have happened already, not waiting until now and everything has not happened yet.

In addition, I believe that bitcoin developers will not miss any threats to bitcoin, they will also make changes and give development directions in accordance with the development of technology. So we don't need to worry about these nonsense.

Before these quantums will become a commodity like the internet and cheap enough to use them on such a scale - BTC will be quantum resistant, in my opinion.
So there is nothing to worry about in the perspective. And such news wouldn't hurt BTC at all, or only for a very short term in the minds of some people.

This was in our national news too last week. For some reason they always try to impress with very large numbers, but not a single word about the nature of the calculation. What math problem could they possibly have that takes so much computing power? I tried to find it, but all I'm able to find is that "it takes a really long time". What's the point?

Every few months a "concern" about quantum computing for Bitcoin is posted. Panic sells! I'd say there are much bigger problems on the planet when encryption can be broken, but for some reason Bitcoin is what gets people's attention.

People earn a shitload of money from overhyped nonsense

I read that news but it has no impact whatsoever on the price of Bitcoin based on this article

Read more on U.Today https://u.today/googles-new-quantum-chip-wont-kill-bitcoin-expert-says

So Bitcoin is still safe for now but we don't know in the forseeable future, The developers are getting motivated to crack the Bitcoin; they need extensive testing, which will take a lot of time and doesn't guarantee results

Good job, mate.
By the way, what OP misses most importantly is that Bitcoin is not the final product, if there is a community support and we all agree that we are under a threat, we can always change the code and make a fork. Also, OP has to keep in mind that as times goes, everything evolves and things change. Is there a quantum computer a threat to Bitcoin? As quantum computer improves, so does the code, so we will move on a quantum resistant algorithm. Will there be something much better than quantum computers? We will have another algorithm that will be resistant to that thing that will be better than quantum computer. Things evolve, always!

That's because they aren't AI in a way people usually connect the term with. Even best "AI" chatbots out there, like chatgpt are just combining are language prediction programs with a pattern recognition. They don't understand what you say, they just predict patterns. In a way they mimic what normal conversation should look like.

Road to actual "intelligent", learning or self aware AI, is far away and has all sorts of roadblocks that we haven't even started to tackle yet. Even though AI and quantum computing are in no way comparable, quantum computing computing is actually way closer to any practical solution then "intelligent" AI. Because quantum computing has already solved major problems. AI tech is basically just mimicking people, it haven't done any real break troughs when it comes to understanding what humans are talking about.

But quantum computers is in really early stage, and could take ages before it becomes a huge issue. But it will be earlier then any "self aware" AI, that's for sure.

Cheers to the truest post of the day! I do this too.

I only wish humanity spent more time in
(a) reducing financial injustice,
(b) find a cure to chronic diseases,
but, instead of that, we create robots for socializing (like Sophia for instance).

And not only do we spend thousands of hours on reasearch for creating these robots, but we also spends millions of dollars for that.

I think Quantum Computing is overhyped nonsense just as Artificial Intelligence is.

For example, many companies use AI for customer for example Amazon, Google, Microsoft, all use AI for customer service chat and phone support.

I have probably used these AI bots hundreds of times for various customer service issues over the phone or through chat and I can't remember a single time they were able to actually answer a single question and solve my problem no matter how simple it was. Whereas a human would have resolved it in within seconds or minutes. AI voice and chat bots are completely useless but every company forces you to engage with one before they let you talk to a real person.

100% of the time the AI voice or chatbot ended up directing me to a real person because it said it couldn't understand my question that any 12 year old human would have understood. The biggest tech companies in the world can't even  create a simple customer service AI bot that is remotely useful how do you expect them to do anything that is more demanding.

This is not about what they want, but what they could. And if they could, others are not that much behind. While i share the idea that they have no interest "killing" bitcoin, this is about capability to kill it. And quantum tech is nowhere near of being a threat. And when it does, at that point bitcoin code will most likely been modified to quantum resistant.

But that's pointless modification to even plan yet, as any practical quantum threat is so far away, that we don't even know if bitcoin exists when that becomes relevant.

Quantum computers will never work, because "nothing" can travel fastest than light, not even information. Only God can have all the answers, not a machine

Wow I never knew that! Crazy. I think you're right though because the bitcoin devs are very savvy and the bitcoin community is very savvy and eventually we will just come to a consensus and it will be the solution and move on just like we always have. I also think that what Fuzzy said is so true, who cares about Bitcoin at that point they can take down the biggest financial titans/markets in the world (at least for now ;P). The way Satoshi designed this currency system surely it would be impossible to "kill Bitcoin"

is quantum computer even can be used for something practical these days last time I heard it's just very inconsistent and full of error that they need constant error correction, I don't believe we've reached practicality.


wonder if horizontal scaling of these quantum computers might be a concern because they can just run multiple instance of it and reached more than 105 qubits, but we all know things gonna be costly and they'd be just wasting their money.

The answer right now is no. Thankfully, and this is a testament to how secure bitcoin’s network is, no matter how more advanced this new quantum computer chip it is still not enough to break bitcoin’s network. Maybe in the future it will be able to advance more and would be able to destroy bitcoin but by then I am sure that bitcoin’s network has just gone stronger especially in retaliation or against these strong quantum computer chip. So simple answer is that bitcoin now can develop protecting itself from the threats of this quantum chip but the quantum chip still needs time to break down bitcoin.

Eternity because it is NOT a "Quantum Computer". It is a chip created to test one thing - data error correction. PERIOD. Perhaps try reading back a bit..... ref https://bitcointalksearch.org/topic/m.64833837

115,792,089,237,316,195,423,570,985,008,687,907,852,837,564,279,074,904,382,605,163,141,518,161,494,336 is the total number of different Bitcoin private keys. How fast can it try them all ?

Wrong.
So far all 'Quantum Computers' in existence are what are called Test Articles. They have been built to test & verify all of the things that will go into eventually making actual QC's. The earliest ones were 'simply' built to test if quantum logic gates (Qubits) could even be produced (yes) and then verify and characterize how they are actually working. From there came test machines to figure out how to actually use and interconnect the gates into functional logic circuits.

To compare with classical semiconductors development, those earlier efforts were like first discovering what a diode is, learning how to make one (and the media calling it a 'computer'), then connecting 2 together to make the most basic OR gate and again the media calling that 'A Computer'. Neither most certainly are not by any stretch of the imagination a 'Computer'.

Only in the past 2-3 years have folks been able to make arrays of qubits large enough to allow the most basic testing of quantum logic circuits and how to actually use the circuits.

Yes, for one IBM has their IBM Quantum test platform that has up to 127 qubit gates that can be used but again, so far that is used only to test bits and pieces of what will go into QC programming NONE of them to-date are able to actually run a program or model to solve things with real-world significance.