Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/Advanced-Many2126 on 2024-12-09 21:58:31.

See this tweet - https://x.com/compound248/status/1866193695814672587

Basically, Google just announced a breakthrough in quantum computing with their new Willow chip. Some speculate this news might have contributed to the current Bitcoin price decline, as quantum computers could theoretically pose a risk to cryptography in the future. However, it's important to note that we're still very far from practical quantum computers breaking Bitcoin's cryptographic methods. Moreover, Bitcoin can be upgraded to quantum-resistant cryptography when needed through a soft fork.

Thoughts?