Quantum computers could break Bitcoin
Digest more
Quantum computing research is evolving fast, but there a significant doubts if these devices will be relevant to the average company.
Google's new whitepaper says it could take only minutes for a quantum system to crack Bitcoin.
This team effort converges expertise to leverage quantum computing for an important, practical outcome.”— Marco Cerezo,
Traditional encryption methods have long been vulnerable to quantum computers but two new analyses suggest a capable enough machine may be built much sooner than previously thought
Silicon is ubiquitous in modern electronics, and now it is becoming increasingly useful in quantum computing. In particular, silicon's compatibility with existing chip technology and its long coherence times in silicon-based spin qubits make it a promising material for scalable quantum computing.
My two favorite quantum computing stocks that I think will soar during the next few years are IonQ ( IONQ 7.83%) and D-Wave Quantum ( QBTS 5.29%). Both of these companies are taking different approaches to the quantum computing realm, and both can thrive.