New Willow Quantum Computing Chip Not Yet A Threat To Crypto, Says Former Google Product Manager
Google’s new Willow quantum computing chip is still far from being a threat to cryptocurrencies and their underlying encryption, says tech entrepreneur and former senior product manager at Google, Kevin Rose. “Estimates indicate that compromising Bitcoin’s encryption would necessitate a quantum computer with approximately 13 million qubits to achieve decryption within a 24-hour period,” Rose said in a Dec. 10 X post . While noting that Willow is a “significant advancement,” he said that the chip only comprises 105 qubits currently. “We have a ways to go,” he said. Google Quantum Computing Chip Processes Computations At “Mind-Boggling” Pace Google’s Quantum AI team said Willow can solve a computational problem, which would take around 10 septillion years to solve on the best quantum computers, in less than 5 minutes. The chip is also capable of exponentially correcting errors and processing certain computations at ...