Google Willow Quantum vs #Bitcoin Encryption
Google announced that Willow has reached 105 qubits with improved error rates. Should Bitcoiners worry?
🚫 Short Answer: No.
🔒 Bitcoin relies on two types of encryption:
1️⃣ ECDSA 256: Vulnerable to "Shor’s algorithm," but cracking it would require over 1,000,000 qubits. Willow’s 105 isn’t even close.
2️⃣ SHA-256: Even tougher—requires a different approach (Grover’s algorithm) and millions of physical qubits to pose a real threat.
Bitcoin’s cryptography remains SAFU... for now.
People have been working on quantum proof-crypto for a while. Any old encrypted messages and files may be vulnerable. Agencies have been collecting stuff for ages.
feels like bears are looking for any opportunity to wreck over the riskier longs with some panic sellers aiding
Via: https://www.altcoinbuzz.io/cryptocurrency-news/googles-willow-quantum-should-bitcoiners-be-concerned/