Google's new chip Willow made a big statement that quantum computing is coming to the real world. That could also mean a future of cryptocurrency hacking.
Google just dropped Willow, a quantum chip that redefines what “fast” and “accurate” even mean. This isn’t your typical tech innovation. Willow can perform calculations in under five minutes, which would take the fastest supercomputers 10 septillion years to crack.
Google’s quantum chip Willow sparked fears for Bitcoin’s security. Discover why these fears are exaggerated and Bitcoin is safe.
Explore seven bold predictions for crypto in 2025, from Bitcoin’s global impact to the rise of ETFs, DeFi and stablecoins, and more.
Researchers found in a yet-to-be-peer-reviewed study that the threat of quantum computers cracking Bitcoin encryption is very real.
Prediction markets estimate a 77% likelihood that at least one Magnificent 7 company will add Bitcoin to its balance sheet in 2025.
As adoption accelerates, new price targets emerge, reflecting growing consumer interest and significant future investments.
Bringing your technology down … can be very, very costly, even if it's on for a few minutes or a few hours,” University of Kent lecturer Carlos Perez-Delgado said.
While quantum computing does indeed pose significant threats to current security systems, it's not a master key to the universe, at least not right now. And there is no looming threat to Bitcoin, either.
Google (GOOG) unveiled its “Willow” quantum computing chip this week, which can solve certain computational tasks in just five minutes—a feat that would take classical supercomputers 10 septillion years.
Post-quantum computing is still "decades away" but despite widespread concerns, it may further secure the Bitcoin network and its peer-to-peer transactions.
Bitcoin hit a new all-time high Monday night, allowing the world's top digital currency to move closer to the market capitalization of tech titans Alphabet and Amazon.