• 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

a year 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

RUDR TOKEN Launches New Compute Settlement Function

chest

RUDR TOKEN has officially launched a new compute settlement function to enhance resource management and settlement processes.

user avatarMaria Gutierrez

OpenAI Refines Models Based on User Feedback

chest

OpenAI is refining its models based on user feedback to improve conversational quality and user satisfaction.

user avatarDavid Robinson

OpenAI Announces Retirement of GPT4o and Other Models

chest

OpenAI announces the retirement of several ChatGPT models, including GPT4o, to focus on newer versions like GPT5.

user avatarAndrew Smith

Agreement Ensures Economic Stability and Continuity of Services

chest

The agreement prevents substantial economic disruption and ensures continuity of essential government functions.

user avatarJacob Williams

Corporate Filings Indicate Merger Preparations

chest

Recent corporate filings suggest that Musk's companies are preparing for significant transactional activity.

user avatarZainab Kamara

Zero Knowledge Proof Project Launches Presale Phase

chest

The Zero Knowledge Proof (ZKP) project has entered a presale phase, offering a privacy-preserving AI network with significant growth potential.

user avatarSon Min-ho

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.