A recent breakthrough by Google's researchers has made it easier for quantum computers to crack Satoshi-era bitcoin encryption, increasing the threat to those still holding onto the outdated keys.
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
The company's new chip, called Willow, can prepare the necessary quantum states for advanced calculations with significantly fewer errors, a key hardware bottleneck.
This improvement in efficiency could potentially accelerate the development of quantum computers capable of breaking bitcoin's cryptographic defenses.