Willow, a 105-qubit quantum processor that boasts astonishing performance, is introduced by Google, prompting discussions regarding the security of Bitcoin.
Sundar Pichai, the CEO of Google, has introduced Willow, a new quantum computation processor that boasts “groundbreaking” capabilities. This device has prompted community apprehension regarding the potential for decoding the cryptographic algorithms of Bitcoin.
The community has already begun to reassure the space, recognizing that Bitcoiners foresaw this possibility years ago and that a potential security concern is still years away.
Pichai’s announcement and an accompanying blog post are the sources of this information. In essence, this new device, which contains 105 qubits, has resolved a “30-year challenge” in quantum computing.
Willow completed a computation in five minutes during a test, whereas the most powerful non-quantum supercomputers were unable to do so in ten septillion years.
One evident advantage that qubits in a quantum computer have over bits in a conventional computer is that they simplify matters substantially. Rather than calculating solutions one at a time, it can calculate numerous solutions simultaneously by utilizing quantum entanglement and uncertainty. In other words, Willow, with 105 qubits, is capable of performing every calculation that a 105-bit computer could, but it can do so simultaneously.
A device of this nature is exceedingly effective at deciphering encryption algorithms and passwords, despite its limited functionality. Quantum computers that are less sophisticated have even been capable of breaching encryption algorithms. One concern that many members of the community are considering is whether Willow has the potential to crack Bitcoin, thereby diminishing its value and utility.
Individuals from the community have previously expressed these reservations. In fact, Vitalik Buterin, the co-founder of Ethereum, addressed this issue in late October by introducing “The Splurge” as a measure to fortify Ethereum against these threats. Prominent commentators, such as Geiger Capital, have already declared that “Bitcoin is deceased” as a result of Willow. However, reassuring voices are swift to provide an explanation.
LionTV, a crypto investor and trader of Bybit, reiterated these remarks by emphasizing these two fundamental truths. In other words, Willow is still years away from successfully decoding Bitcoin’s algorithm.
In the end, the crypto community has debated this matter for years, even if Google surpasses expectations in the development of quantum computers. Willow is a big step forward in this area of study, but saying it will beat Bitcoin is nothing but fear mongering.
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