IBM Quantum Breakthrough risk for Bitcoin

[dkbit98]

I was always thinking that quantum threat is just a distant future, but g00gle recently announced they will achieve useful application in five years, and than I saw news from IBM.
Researchers from IBM reached 120-Qubit breakthrough in experiment called Big Cat, and this is one step forward into cracking bitcoin encryption.
I think this is warning for all bitcoin developers to start thinking into making protocol changes that will make bitcoin quantum resistant.
Biggest question is regarding Satoshi coins, and by 2030 we can expect big changes from g00gle and IBM quantum leap.
https://decrypt.co/346742/ibms-quantum-120-qubit-breakthrough-bitcoins-encryption-risk

[NotFuzzyWarm]

Here we go again...
So far all advances have been purely technical milestones regarding number of qubits. Good in itself but still NO mention of anyone coming close to actually running any sort of simple programs much less complex ones.

[Ambatman]

Still can't comprehend why Bitcoin is usually the focal point when there are bigger cakes that are relatively cheaper at there.

From what I can recall it would take around thousands of  logical Qubits to crack ECDSA that's quite a milestone
Compared to their achievement which isn't even up to a logical qubit.

To be sincere I think it's a clickbait and an opportunity for them to make 'noise'

[Karl_3000]

Still can't comprehend why Bitcoin is usually the focal point when there are bigger cakes that are relatively cheaper at there.

I am not reusing bitcoin addresses, my bitcoin can not be affected with any quantum computer. Banks, almost all organizations and almost every passwords today will be be affected but nobody is making the noise there. Quantum computers will break the banking sector but it can not break bitcoin.

[Satofan44]

Here we go again...

You can tell whether someone is stupid entirely based off of how they respond to quantum news. In this particular case, OP is a lying and braindead shitposter. No idea why some people give him merit, he hallucinates more than ChatGPT does.

So far all advances have been purely technical milestones regarding number of qubits. Good in itself but still NO mention of anyone coming close to actually running any sort of simple programs much less complex ones.

We are nowhere near the territory of caution, and as with any technology of this complexity there are many things that we don't know. With these 2 groups, basic people usually can only comprehend the existence of the first:

• Things that we know that we don't know.
• Things that we don't know that we don't know.

Fusion energy breakthrough has been 5 years away for 50 years now. Battery breakthrough has been a couple years away for several decades too. Sure, there are improvements in all of technologies but they are mostly incremental.

Still can't comprehend why Bitcoin is usually the focal point when there are bigger cakes that are relatively cheaper at there.

It is not aside for uneducated and stupid people like OP. Anyone with a working brain can at the very least understand that the situation is neither so simple. A quantum computer can't break Bitcoin, Bitcoin will continue to operate. At the very best it could steal some coins, but coins are stolen with a variety methods all the time.

I am not reusing bitcoin addresses, my bitcoin can not be affected with any quantum computer.

It is a simple piece of advice to remember and give to anyone who mentions this topic. "Do not reuse addresses - that makes you quantum safe" -- the average user does not need to know more about this topic or concern themselves. They won't be deciding on the solutions, neither will they be implementing the solutions. They will just accept them when they come. Worrying is pointless. If you know someone who is concerned, tell them to find something meaningful to do in their otherwise dull and empty life.