Thursday, October 3, 2019

Can Bitcoin Resist Google S Quantum Supremacy

A quantum computing breakthrough by Google has created all sorts of dooming scenarios for existing encryption standards, which could ultimately threaten the security of every major blockchain
The day has finally arrived, as Google recently claimed quantum supremacy according to a disclosed paper * * *

Quantum supremacy means only that researchers have been able to use a quantum computer to perform a single calculation that no conventional computer could perform in a reasonable amount of time
In the case of Google, this calculation involved checking whether the output of an algorithm for generating random numbers was truly random

The researchers were able to use a quantum computer to perform this complex mathematical calculation in three minutes and 20 seconds, according to the paper! Can Bitcoin Resist Google's Quantum Supremacy? - BeInCrypto beincrypto.com/what- googles - quantum ...bitcoins Bitcoin as Resilient Software Another thing to consider is that a quantum computer can achieve impressive speeds because qubits work at the subatomic level. Existing physical and hardware restraints make scalability of qubits highly complex and uncertain right …!! They say it would have taken the world’s most powerful commercially-available conventional computer about 10,000 years to perform the same task.

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Publisher: BeInCrypto
Date: 2019-10-02T11:10:06+00:00
Twitter: @beincrypto
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While you're here, how about this:

Google's Quantum Computer Developments Raises Doubt On Bitcoin's Security Over The Long H
Stories of Google having built a quantum computer in early September led to a number of debates on how long it will take before Bitcoin ( BTC's ) encryption is finally cracked! Can Bitcoin Resist Google's Quantum Supremacy? news. bitcoin info.com/2019/10/02/ ...-supremacy Can Bitcoin Resist Google's Quantum Supremacy? – BeInCrypto. A quantum computing breakthrough by Google has created all sorts of dooming scenarios for existing encryption standards, which could ultimately threaten the security of every major blockchain.!! In an uploaded photo on the official NASA website (which was taken down shortly The google quantum computer is said to be able to complete complex calculations in 200 seconds in what would have taken the current most powerful supercomputers over 10,000 years to complete
A tweet showing Bitcoin community's fear of the enhanced quantum computing developments. (Source: Twitter

The world's first blockchain, Bitcoin, is secured by complex mathematical algorithms and encryptions that make it almost impossible to crack! Can Bitcoin Resist Google's Quantum Supremacy? news. bitcoin guide.com/2019/10/02/ ...-supremacy ASIC Bitcoin Mining Hardware Market by New Market Opportunities, Production Cost Analysis … Ethereum and Stellar' s Lumen Daily Tech Analysis – 01/10/19; Tether, Not Bitcoin , Likely the World' s Most Used Cryptocurrency; Ukraine looks to legalize the use of cryptocurrency!! Dragos Ilie, a quantum computing and encryption researcher at Imperial College London, spoke to Forbes on reasons why Google's quantum computer is still a mile away from cracking Bitcoin's encryption.

Publisher: BitcoinExchangeGuide
Date: 63DC5ECB453BEEB34CD39A7C11C82C54
Twitter: @bitcoinsguide
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What Is Quantum Supremacy and Why Is It Such a Big Deal? | Fortune
Google researchers claim to have achieved a major milestone in computer science known as "quantum supremacy.
Google scientists explain their breakthrough in a research paper, a copy of which was obtained by Fortune , that was briefly posted to a NASA website earlier this week before subsequently being taken down
NASA has been working with Google on one aspect of their quantum computing research. News of the paper's existence was first reported by The Financial Times on Friday

Google has declined to comment on the report. If the technology company has indeed achieved the milestone, it is a significant step towards the day when quantum computers, which use the powerful properties of quantum physics to perform their calculations, will be able to solve a vast array complex problems that lie beyond the abilities of today's most advanced supercomputers.

Publisher: Fortune
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4 interesting news from the world of Bitcoin (BTC) – Cryptocurrency Market
We have four news items for you to collect about bitcoin. In this article, among other things, the rate and the circulating supply of BTC on offer! Bitcoin Is Not Threatened By Claimed Google's Quantum ...medium.com/@ssaurel/ bitcoin ...googles - quantum ...Quantum computing represents a serious threat to Bitcoin and cryptocurrencies . This feared threat became a little more real at the end of last week following the publication by Google of a ...!! Furthermore, we will listen to a speech given by Antonopoulos, and we get a tweet from a former developer of the Bitcoin is on the 'quantum computing'
We’ll start with this one ochtendupdate, of course, the price of Bitcoin. In this state, at the time of this writing, at $8.425. That is 1,08% lower than the day before, at the same time.
Huisanalist This from Altcoinbase saw in his analysis of yesterday, that we need to pay attention to the support, a $7,500

The total amount of Bitcoin that will be released is going to be again in the direction of 86%. Over the past 10 years, there are no less than 17.953.462 BTC is given out to the people who have contributed to the safety and security of the network.
With the upcoming reduction, will be the new BTC’s are becoming increasingly scarce. Then, each block is only 6,25 a new BTC on the market (around 10 mins) in place of the 12.5 BTC.
It is expected that the last Bitcoin sometime in 2140 gemined. It will take more than 120 years, the last 14% of the BTC on the market! Google's Quantum Computing Breakthrough Brings Blockchain ...www.forbes.com ...googles - quantum -computing...QAN is another project that says it is ready for the quantum computing age, has reacted quickly to the news of Google's breakthrough with Johann Polecsak, CTO of QAN , telling Bitcoin .com: "The ...!! We’re talking about 3.046.538 coins. Do you have enough of these rare coins in your portfolio?

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Not to change the topic here:

What Google's Quantum Breakthrough Means for Blockchain Cryptography - Bitcoin News
We’ve been warned for years that a quantum computing breakthrough is just around the corner. When that day comes, we’re told, it could render existing encryption standards obsolete, threatening the security of every major blockchain. It seems that day has finally arrived, with Google achieving “quantum supremacy Also read: How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model

On Friday, the FT published a story claiming that a paper published by Google researchers described a major computing breakthrough. Using a quantum computer, the team managed to perform a calculation in just over three minutes that would take the world’s most powerful supercomputer 10,000 years. In an industry that’s characterized by incremental improvements, that sounds like a leap that warrants comparisons with the Big Bang. Quantum supremacy, which the researchers claim to have attained, refers to the moment when a quantum computer outperforms the world’s best classical computer in a specific test.

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Publisher: Bitcoin News
Date: 2019-09-22T17:00:48+00:00
Twitter: @BTCTN
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