quantum computers | ForkLog

ForkLog 14 26.12.2024

‘Q Day’ jitters: how bitcoin’s developers plan to thwart quantum computers

On December 10, researchers at Google Quantum AI unveiled a new quantum chip, Willow. The news rekindled the crypto community’s fears about a quantum threat to bitcoin—a topic that has surfaced periodically.

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ForkLog 22 26.12.2024

Russia Unveils Prototype of 50-Qubit Quantum Computer

Scientists from Moscow University and the Russian Quantum Center have developed the country’s first prototype of a 50-qubit quantum computer. It was tested on December 19, according to the MSU website. The prototype is based on single neutral rubidium atoms, which are captured by optical tweezers—focused laser beams. A qubit is encoded in the internal […]

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ForkLog 20 23.12.2024

Adam Back: Quantum Computing Will Strengthen Bitcoin

Advancements in quantum computing are more likely to bolster Bitcoin than to undermine it, according to renowned cypherpunk and cryptographer Adam Back. in all likelihood the hash-based PQ scheme will never be used. because PQ is likely still several decades out at least. and and PQ signature research will eventually produce conservative well reviewed more […]

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ForkLog 27 18.12.2024

Quantum Computers Could Crack Bitcoin in Five Years, Scientist Warns

Commercial quantum computers may be able to crack the elliptic curve keys securing Bitcoin wallets in about five years. This perspective was shared by Pierre-Luc Dallaire-Demers, a scientist from the University of Calgary, in a conversation with DLNews. The expert refers to ECDSA 256 encryption, which protects addresses and signs transactions using pairs of public […]

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ForkLog 10 10.12.2024

Google’s Quantum Chip Sparks Bitcoin Security Concerns

Experts from Google Quantum AI unveiled the latest quantum chip, Willow, which has caught the attention of the crypto community as a potential threat to Bitcoin. According to Hartmut Neven, head of the tech giant’s division, the chip completed a standard benchmark calculation in under five minutes. In comparison, one of the fastest modern supercomputers, […]

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ForkLog 12 25.11.2024

Quantum Technologies vs. Supercomputers: Who Will Crack Bitcoin?

Google experts have unveiled a technology that, with the application of artificial intelligence, could make quantum computing practical in real life, according to an article in Nature. In the presented work, Deepmind researchers explained that their new AI system, AlphaQubit, has succeeded in correcting persistent errors that have long plagued quantum computers. “Quantum computers have […]

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ForkLog 11 22.10.2024

Experts Downplay Quantum Threat to Cryptocurrencies

In October, Chinese scientists reported the “world’s first effective attack” using a quantum computer. Several experts agree that quantum hacking does not pose an immediate threat to Bitcoin. They urge preparation for a post-quantum future and the development of a roadmap for defense against attacks. Private keys in the Bitcoin network are unlikely to be […]

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ForkLog 10 14.10.2024

Chinese Scientists Use Quantum Computer to Breach Cryptographic Algorithms

Chinese scientists have conducted the “world’s first effective attack” on a widely used encryption algorithm using a quantum computer, according to SCMP. The breakthrough poses a “real and substantial threat” to the long-standing password protection mechanism employed in critical sectors such as banking and the military, researchers claim. A team led by Wang Chao from […]

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ForkLog 21 02.08.2024

Add the cat: why Bitcoin’s potential OP_CAT upgrade matters

Upgrades to the bitcoin network are infrequent—the last soft fork, Taproot, was activated in November 2021. By comparison, since then Ethereum has shipped Shapella, Dencun and The Merge, with the Pectra upgrade already slated for the first quarter of 2025. Meanwhile, the community is only debating the possible implementation of an improvement proposal dubbed OP_CAT […]

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ForkLog 21 06.02.2024

Quantum computers: who will bask in the glow of the analogue–digital chandelier?

Quantum computers have long inspired both hope and anxiety. Optimists expect them to propel computing into a new era, tackling problems beyond the reach of today’s most powerful machines. Pessimists counter that, for ordinary users, all those qubits dangling in “chandeliers” will bring little besides new challenges for cryptography and data protection. For ForkLog readers, […]

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ForkLog 7 23.10.2023

Economics professor warns of the main threat to Bitcoin

In the long term, the security of Bitcoin is threatened not by quantum computing, but by changes to the miners' reward model, according to Lawrence White, an American economics professor.

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ForkLog 10 10.11.2022

Masterchain to Launch Pilot in Post-Quantum Cryptography

The Masterchain blockchain platform and the developer of comprehensive cybersecurity software solutions QApp have agreed on strategic cooperation.

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