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Quantum computers are advancing much faster than scientists expected

Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage.

Quantum computing is one of those “just around the corner” technologies that has the scientific community split. Tech outfits such as Google and IBM have gone full throttle with both R&D and marketing as if they’re already here while many independent researchers have claimed quantum computers will never work. 

Most people working in the field, however, believe that quantum computers will be able to solve problems that classical computers can’t within the next 10 years.

This is according to a recent survey of 927 people with associations to the field of quantum computing (researchers, executives, press, enthusiasts, etc.) conducted by QuEra. Of those surveyed, 74.9% “expect quantum to be a superior alternative to classical computing for certain workloads” within the next 10 years.

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German quantum breakthrough highlights need for particle physicists in crypto

German quantum breakthrough highlights need for particle physicists in crypto

Breakthrough quantum computing research out of Germany could lead to a revolution in particle physics with implications for finance, economics, and cryptocurrency. It might be time for firms in the crypto industry to add chief science officers and particle physicists to their portfolios. 

Much like the tech industry before it, crypto has bootstrapped itself on the virtue of its own feats of engineering and innovation. The engineering and innovation it took to invent blockchain and cryptocurrency are, arguably, analogous to the advent of personal computing and the internet.

Over the past 20 years, however, the tech industry has shifted towards hard science. Perhaps it’s time for crypto to follow suit.

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Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break

Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could BreakAccording to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most of today’s digital communications, including cryptocurrencies, leverage public key encryption and CISA believes when “quantum computers […]

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