🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Google's quantum chip Willow is released, breaking records with super-strong Computing Power, will it threaten BTC?
Willow's chip performance is astonishing, causing concerns about Cryptocurrency security
Google's quantum AI team recently unveiled its latest quantum chip, Willow, claiming that it can complete complex tasks that traditional supercomputers require 10^25 (10 million trillion trillion) years to compute in less than five minutes. This breakthrough signifies a further step towards practical and scalable quantum computing, as well as a breakthrough in error correction, which has long plagued the quantum industry. Hartmut Neven, founder and head of Google's quantum AI project, said that the Willow chip demonstrates 'sub-threshold' quantum error correction capabilities, achieving a goal that has eluded the quantum computing community for nearly 30 years.
Due to Willow's significant computing power surpassing traditional computers, it has sparked renewed market concerns about the security of Crypto Assets. If future quantum computers expand to millions of qubits, traditional encryption systems (such as the core encryption algorithm of Bitcoin) may be compromised. Although Willow currently only has 105 qubits, it will be at least several decades before it poses a threat to the security of Bitcoin or other blockchains. However, industry analysts have advised developers to consider 'quantum-resistant' encryption algorithms to prepare for the potential quantum era.
Image source: Google. Development process of Google Willow.
Quantum error correction breakthrough, accelerating the feasibility of commercial applications
One of the biggest challenges in quantum computing is error correction, as quantum bits are prone to errors due to external interference. While increasing the number of quantum bits (qubits), the Willow chip actually exhibits an exponential decrease in error rate, becoming the first quantum system with a 'decreasing error rate with increasing scale.' Google refers to it as the 'first truly scalable prototype of a fault-tolerant quantum computing system,' representing a crucial step towards achieving large-scale useful quantum computers for humanity.
Not only that, Willow performs Random Circuit Sampling (RCS) standard tests at speeds exceeding those of classical computers. This test is the "entry threshold" for the quantum computing industry. If a quantum computer cannot outperform traditional supercomputers in such tests, it cannot prove itself capable of handling more complex and practical tasks. Willow not only meets this standard, but also completes tasks that would take tens of millions of years for a typical supercomputer to compute, all within five minutes, establishing its position in the quantum advantage industry.
Source of the picture: Google. Google Willow's evaluation score.
How long can the Bitcoin encryption defense line hold? The industry is accelerating quantum-resistant research.
With the continuous advancement of quantum power, the security and trust foundation of Crypto Assets are facing long-term tests. If future quantum computers can factor large numbers at extremely low cost, traditional cryptographic mechanisms such as RSA and ECDSA may be compromised. Although the current Willow only has 105 qubits, which is far from the millions of qubits needed to break Bitcoin security, the encryption community is already alert. Ethereum co-founder Vitalik Buterin has also advocated for 'quantum-resistant' algorithms multiple times to avoid serious impacts on blockchain from future quantum superpowers.
Analyst firm Bernstein says that the Bitcoin community does not need to panic immediately, as it will take decades for quantum computing power to break the blockchain. However, developers are still urged to prepare for quantum security solutions in advance. If quantum computers gain the ability to invade Bitcoin's cryptography in the future, the impact will not be limited to virtual currency, but will involve the entire network security system. The blockchain industry is already discussing how to perform hard forks or adopt quantum-secure encryption to ensure a long-term and stable trust foundation.
From scientific experiments to practical value, the application prospects of quantum computing are broad.
Currently, most of Willow's achievements are still of a scientific experimental nature. The next step is to apply its computing power to complex real-world problems, such as new drug development, more efficient battery design, or the energy fusion industry, to meet the various needs of human society for energy, healthcare, and the environment. Google pointed out that the combination of quantum computing and AI will generate tremendous power. In the future, obtaining larger and more accurate training data through quantum computing will enable AI models to handle deeper and more creative issues. Quantum computing may still be in its dawn, but the advent of Willow has signaled an irreversible trend: the quantum computing era is approaching rapidly.
As time progresses, the performance of quantum computers will continue to improve. If quantum-resistant encryption becomes the market standard, the digital asset and blockchain industries will need to pay even closer attention to the dynamics of quantum computing. Willow is the latest driving force behind this transformation, leading the world to accelerate towards a future where quantum, AI, and new financial structures intertwine.
Image Source: Google Google Quantum Chip Development Roadmap
"Google's quantum chip Willow has been released, breaking records with supercomputing power, and may threaten Bitcoin?" This article was first published in 'encryption city'.