• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Quantum Computing Changes the Game: How Microsoft May Affect Bitcoin's Security

user avatar

by Giorgi Kostiuk

9 months ago


Quantum computing continues to evolve, and Microsoft's recent advancements could potentially affect Bitcoin's security. This article explores how this technological breakthrough could change the world of cryptocurrency.

Microsoft's Technological Breakthrough

This week, Microsoft unveiled the Majorana 1 chip, capable of supporting up to a million qubits on a single chip due to topological superconductivity. This could lead to significant changes in the field of quantum computing and its practical applications.

This could bring us much closer to practical, large-scale quantum applications.

Impact on Bitcoin Security

While quantum computing currently has no practical applications, Microsoft's achievements could be a turning point. According to the investment firm River, quantum computers have the potential to crack Bitcoin addresses if they reach the equivalent of a million qubits. Such a breakthrough could put a significant amount of Bitcoin at risk.

Experts' Views on the Future

Microsoft estimates that reaching the million-qubit milestone is possible by the end of the current decade. This could spark active discussions about the future security of Bitcoin in a world where quantum computing becomes more advanced. Some experts note that hundreds of millions of qubits are required for a substantial threat to Bitcoin's security, but the introduction of Majorana 1 today brings important questions about the post-quantum future of cryptocurrency.

Advancements in quantum computing could significantly impact Bitcoin's security. While this threat is more theoretical at present, Microsoft's new developments prompt questions and discussions about the future of cryptocurrencies in the age of quantum technology.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Starknet STRK Price Surges Over 35%

chest

The Starknet STRK token experiences a significant price increase of over 35%, becoming the biggest gainer in the market.

user avatarZainab Kamara

TKO Group Holdings Partners with Polymarket for UFC Fan Engagement

chest

TKO Group Holdings has partnered with Polymarket to enhance UFC fan engagement through a new Fan Prediction Scoreboard, starting in 2025.

user avatarSon Min-ho

Long-Term Triangle Pattern Influences Litecoin's Market Sentiment

chest

Litecoin's price action is confined within a decade-long triangle pattern, affecting market sentiment.

user avatarAyman Ben Youssef

Litecoin Maintains Steady Trading Behavior Amid Market Swings

chest

Litecoin shows resilience as buyers defend the mid-90 range during recent market fluctuations.

user avatarKofi Adjeman

Arthur Hayes Sells Off Multiple Altcoins Amid Market Crash

chest

Arthur Hayes, former CEO of BitMEX, has sold significant amounts of various altcoins following a recent crash in the crypto market.

user avatarTando Nkube

Supreme Court Decision Looms Over Cryptocurrency Market

chest

The United States Supreme Court has yet to make a decision on important tariff rulings, creating uncertainty in the cryptocurrency market.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.