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Google's Quantum Advance Exposes Bitcoin's Hidden Upgrade Cost
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Google's Quantum Breakthrough Sparks Fresh Crypto Security Concerns
Google's latest quantum computing breakthrough has reignited concerns about cryptocurrency security, bringing quantum computers one step closer to potentially breaking the cryptography protecting Bitcoin and other major cryptocurrencies.
Google claims that its Willow processor reduced 40-fold the errors in cultivating special quantum states, a breakthrough that validates some resource estimates for future machines, but does not pose an immediate threat to Bitcoin.
Google’s Quantum Breakthrough Puts Bitcoin in Trouble? Analyst Says Not Today, but ‘Gap Is Getting Smaller’
Market research platform Bull Theory said on Thursday, October 15, that quantum-computing progress has narrowed Bitcoin’s long-term security gap, but no existing machine can currently threaten the network.
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