Quantum computers could break Bitcoin
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This team effort converges expertise to leverage quantum computing for an important, practical outcome.”— Marco Cerezo,
Google's new whitepaper says it could take only minutes for a quantum system to crack Bitcoin.
Quantum computers of the future may be closer to reality thanks to new research from Caltech and Oratomic, a Caltech-linked start-up company. Theorists and experimentalists teamed up to develop a new approach for reducing the errors that riddle today's rudimentary quantum computers.
Google warned that quantum advances could break crypto security sooner than expected, with analysts recommending ‘appropriate urgency.’
After 30 months of fast-paced innovation in quantum algorithms, six research groups are hoping to hit paydirt. But there can be only one big winner—if there is a winner at all.
Silicon is ubiquitous in modern electronics, and now it is becoming increasingly useful in quantum computing. In particular, silicon's compatibility with existing chip technology and its long coherence times in silicon-based spin qubits make it a promising material for scalable quantum computing.