Genuine question - why is Bitcoin not collapsing upon this news? Surely big money that control Bitcoin have high enough IQ to extrapolate inti the future and come to decision on the inevitable implications.
Because to steal bitcoin by reverse engineering a private key from a public one you need to be able to factor a very large number. Currently the highest number they have factored using only quantum computing is 21.
The critics claim the noise collapses quantum states so quickly that it's not possible to make full use of the quantum effects. The burden of proof is on the chip makers. I think they have not convinced the critics yet.
khaki54|4 months ago
janpmz|4 months ago
XiphiasX|4 months ago