Quantum computers could break Bitcoin
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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.’
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Bennett and Brassard showed quantum weirdness can be useful
Charles H. Bennett and Gilles Brassard have spent more than four decades proving that the strange behavior of quantum particles is not just a curiosity of physics but a practical tool for processing information.
Quantum computers, computing systems that process information using quantum mechanical effects, could outperform classical computers on some computational tasks. These computers rely on qubits, the basic units of quantum information,
The research shows quantum computers may break bitcoin and ether wallet encryption with far fewer qubits than previously thought, accelerating the push toward post-quantum security.
Unlike AI, quantum must embed standards from the start to create an investable market.