Microsoft unveiled its first quantum computing chip, Majorana 1, designed to bring quantum computing out of the lab and into real-world applications in years.
Bitcoin's reliance on public-key cryptography has raised concerns about its vulnerability to quantum attacks.
The Majorana 1 chip could potentially reach one million qubits by 2027-2029, which could pose a risk to Bitcoin addresses.
Experts emphasize the need to prioritize engineering quantum-resistant addresses to secure Bitcoin against future threats.