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    Author Topic: Entanglement for Quantum Computing chips achieved, will Bitcoin keep up?  (Read 238 times)
    DreamStage (OP)
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    January 07, 2020, 04:04:14 PM
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    Quantum computing may seem like something from the distant ‘Star Wars’ future. However, researchers in Bristol have successfully demonstrated the teleportation of information over two silicon chips.

    The event is significant because it allows for the communication of information between chips at the quantum level. Such transfers of information could massively increase computing speeds while reducing the noise and costs of machines.


    The applications for such systems are broad. With information being transferable without interaction, mechanical processes would no longer be necessary. This would drastically increase the speed of processors.

    Such processors would also potentially pose a risk to cryptocurrencies. Traditional computers would require hundreds of trillions of operations to break Bitcoin’s SHA-256 encryption. Quantum calculations, however, would require a little over 2 million operations to find the same information.

    While this does pose some risk, other factors are certainly at play. A supplemental cryptography protocol could potentially be added to the Bitcoin network via a softfork, which would limit quantum computing effectiveness.

    Regardless of the potential for loss, development is a major step forward in technology. Whether Bitcoin will be required to make changes to protect the network, though, remains to be seen.


    More Info here
    (Not click campaign, just sharing information)

    Such technology is in reality a threat to the current Bitcoin's technology and who knows Blockchain itself.

    I really hope that if this comes to a daily pc life there will another strong cryptgography protocol released in time.

    Else we might face ourselves being hacked all over the place.

    Ofc it would still take time but who knows how much time we talking about against applying another strong protection layer till the next hack.

    Nothing to see here
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