What the OP is so excited about is that for the 1st time error rates has become acceptable as verified by the RCS simulation https://research.google/blog/validating-random-circuit-sampling-as-a-benchmark-for-measuring-quantum-progress/ Oh - and Willow is not their 1st chip. It is their 2nd one.
Fine. However there is still not a single QC application program that has *any* real-world use and per the Google researchers there are still several more milestones to be crossed before there ever will be any. It took over 19 years to solve the error rate problem, odds are it will take several decades more to cross the remaining milestones.
Once technology does progress enough for real-world applications:
a. QC's will not be available outside of research organizations and 3-letter gov agencies for many many years meaning hackers will be locked out for a long long time.
b. As others have already said, once QC's *are* widely available, crypto coins will be far down the list of targets. The world's banking and information systems will be much higher on the list. Those being attacked will make attacks on crypto of insignificant importance.
Topic: Is Willow (Google new quantum computer chip) going to kill Bitcoin? - page 3. (Read 584 times)
December 09, 2024, 09:04:54 PM
December 09, 2024, 08:30:16 PM
Why would quantum computing only target bitcoin?
If it could kill bitcoin then it could bring down the entire internet and every company connected to the internet
(Amazon, Facebook, Apple, JPMorgan Chase, etc would all be destroyed). Of course all the 10,000 altcoins would also cease to exist.
As well as destroying all the satellites and cell towers in the world, all the credit card networks as well as govt networks in the world would be shut down, etc.
Civilization and the modern world as we know it would pretty much come to an end.
If it could kill bitcoin then it could bring down the entire internet and every company connected to the internet
(Amazon, Facebook, Apple, JPMorgan Chase, etc would all be destroyed). Of course all the 10,000 altcoins would also cease to exist.
As well as destroying all the satellites and cell towers in the world, all the credit card networks as well as govt networks in the world would be shut down, etc.
Civilization and the modern world as we know it would pretty much come to an end.
December 09, 2024, 08:20:58 PM
Nothing to be afraid, if quantum computers become a risk for cryptos then we only have to mirate the cryptography to the new algorithms created by the nist. Those algorithms are quantum proof, and that could be a nice solution.
And if quantum computers become a risk for sha256, there are things to worry about more than bitcoin.
And if quantum computers become a risk for sha256, there are things to worry about more than bitcoin.
December 09, 2024, 08:09:58 PM
Ever hear of providing links to go along with a good story?
December 09, 2024, 01:35:48 PM
Google has just announced Willow, their first quantum computer chip. It's incredibly powerful, having solved in less than five minutes a computational problem that would take the fastest computer available right now more than 10 septillion years (a number that vastly exceeds the age of the Universe). Will this chip be able to break the cryptography behind BTC addresses so quickly that it will make the entire BTC network insecure?
Jump to: