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Google’s Quantum Breakthrough Sparks New Concerns Over Bitcoin and Encryption Security

  • Google researcher Craig Gidney reveals a breakthrough showing that RSA-2048 encryption could be broken using just 1 million qubits in quantum computers.
  • The quantum leap in efficiency is attributed to advancements in quantum algorithms, error correction, and increased logical qubit density.
  • The breakthrough raises concerns about the long-term resilience of Bitcoin's security as quantum computing technology progresses.
  • While Bitcoin's current ECC encryption remains secure, the rapid development of quantum computing could pose a threat within the next decade, requiring digital security reinvention.

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