Google presents ‘Willow’; Bernstein minimizes the threat to Bitcoin

by SK
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The Google technology giant (Nasdaq: Googl) has announced a new quantum chip that is expected to enter generalized innovation and the application of the real world for quantum computing.

According to an official announcement, Google says that the new chip can eliminate some errors commonly associated with quantum computing while demonstrating a problem without problems. Nicknamed “Willow”, the quantum chip has been in process for more than a decade and is part of the road map that Google has established.

While quantum computers depend on the qubits to measure their calculations, the consensus is that the errors increase together with the number of qubits. However, a recent article published in nature reveals that the opposite is the case of Willow, since it can reduce errors by half.

“This historical achievement is known in the field as” lower threshold “, to be able to boost errors while increasing the amount of qubits,” said the announcement.

The first studies indicate that Willow can achieve real -time errors in a superconductor quantum system. The importance is that the repair of errors during the calculation is key to guaranteeing general precision, insinuating the perspectives of conventional use.

In terms of performance, Willow takes out his competition out of the water, making advanced calculations in less than five minutes. Google says that the fastest supercomputers will take 10 seventh of years to finish the same calculation, with Willow exceeding the random circuit sampling point (RCS).

RCS is the creation of Google and the standard quantum computer test is widely considered. Confirm whether or not a classic computer can perform a task to perform a task.

Armed with 105 qillow, Willow stands out on RCS and quantum errors correction tests with improved excitation retention times, an improvement of 5 times of the previous chips.

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Before Willow, the main use of quantum computing seemed to be far in the distant future. However, the technological giant says that companies can begin to integrate quantum computers in their operations already in 2028, with Google adopting a “useful, beyond classic” approach.

“Google’s advance in quantum computing with Willow puts the probability that companies that use quantum computers for businesses in the next two or three years,” said Dr. Erik Garcell, director of quantum business development in Classiq, to ​​a News medium.

Despite the impulse to quantum computing, Google says it monitors innovation in classical computer science and other emerging technologies that can be relevant to solve commercial world challenges.

The quantum threat for Bitcoin is still decades away, they say Bernstein analysts

Willow’s announcement has caused a wave of emotion in all areas, but digital asset enthusiasts are concerned about the involvement of a commercial launch.

There is a palpable fear that the new quantum chip can represent new threats for Bitcoin, with bad actors who take advantage of it to break and decipher the encryption codes. However, Bernstein analysts have minimized fears, noting that a direct threat to Bitcoin is still “decades” to worry the asset.

Analysts headed by Gautam Chugani pointed out that Willow’s 105 QBITs cannot violate the Bitcoin Elliptical Curve Digital Signature algorithm (ECDSA). The ECDSA ensures private keys and facilitates digital firms for each transaction, with SHA-256 that serves as an additional layer of protection.

According to Bernstein analysts, ECDSA’s violation will require millions of qubits, far from the 105 qubits possessed by the most advanced quantum chip.

Despite a direct threat in the distant future, Bernstein analysts urge preventive action to mitigate the risks associated with conventional quantum computing. Although several solutions have been floated, the most obvious option seems to be a transition to firms resistant to the amount to counteract the use of quantum computing to decipher encryption codes.

“Should Bitcoin’s taxpayers start preparing for the quantum future? Yes, but any practical threat to Bitcoin seems to remain decades away, ”analysts said. “Bitcoin taxpayers have also been debating a transition to quantity resistant encryption.”

However, turning to the quantum amount resistant will not be easy for the community. The worst case will imply a hard fork that could cause a schism about the dominant chain in an attempt to increase block sizes.

A soft fork could be an ideal solution, but experts say the process could take several years to complete. A group of experts believes that the first threats can appear in five years, eliminating a soft bifurcation solution while pressing an urgent solution.

The founder of Capriole Investments, Charles Edwards, argues that as little as the logical qubits of 2500 can break the SHA-256 algorithm, throwing doubts about the 300 million qubits promoted by the researchers.

Look: Alex Ball in the future of technology: development of AI and entrepreneurship

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