Google has unveiled its latest innovation, the Willow quantum computing chip, stirring discussions within the crypto community about its potential impact on Bitcoin’s cryptographic security.
The Willow chip boasts error reduction capabilities and 105 qubits, a new computational power milestone.
While the chip raises concerns about the security of encryption systems, experts suggest that it currently does not endanger Bitcoin.
However, proactive steps, such as addressing outdated transaction formats, are advised to mitigate potential future risks.