Bitcoin's recent price correction has been linked to the announcement of Google's Willow quantum computer, which some believe could threaten cryptocurrency security. However, experts refute this notion, stating that:
- Google's Willow chip has only 105 qubits, far below the estimated 13 million qubits needed to compromise Bitcoin's encryption.
- Bitcoin developers are already working on making the cryptocurrency quantum-safe.
- If quantum computing becomes a viable threat to Bitcoin, traditional banking systems would also be at risk.
- For Willow to pose a real threat, it would need to be affordable and widely accessible, which is unlikely given the current market, as seen with the availability of NVIDIA's H200.
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- Google's Willow chip has only 105 qubits, far below the estimated 13 million qubits needed to compromise Bitcoin's encryption.
- Bitcoin developers are already working on making the cryptocurrency quantum-safe.
- If quantum computing becomes a viable threat to Bitcoin, traditional banking systems would also be at risk.
- For Willow to pose a real threat, it would need to be affordable and widely accessible, which is unlikely given the current market, as seen with the availability of NVIDIA's H200.
💰 Crypto life academy | Business Tips 🔻 Goals🔺 | Crypto 💎