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quantum chip

Billionaire Chamath Palihapitiya: It would take about 8,000 Google quantum chips to crack the SHA-256 algorithm used by Bitcoin

ChainCatcher news, billionaire Chamath Palihapitiya stated in an online meeting that approximately 8000 Google quantum chips could crack SHA-256.Previously, Chamath Palihapitiya posted on X: "Quantum computing will pose a risk to v1 encryption methods, but the timeline is very unclear and not in the near term."

2024-12-15

Chamath Palihapitiya

Google's quantum chip Willow is released, and under the threat of supercomputing power, should we freeze the 1 million bitcoins held by Satoshi Nakamoto for security?

Will quantum computing undermine existing encryption security mechanisms, particularly posing a threat to mainstream cryptocurrencies like Bitcoin? As the threat of quantum computing intensifies, experts suggest that the Bitcoin community may need to consider freezing Satoshi Nakamoto's 1 million Bitcoins.

2024-12-10

encryption algorithm

Google's quantum chip Willow is released, and under the threat of supercomputing power, should we freeze the 1 million bitcoins held by Satoshi Nakamoto for security?

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