Can Google's Quantum Computer hack bitcoin network?
Google's Quantum Computer - Image Source
Google has recently achieved quantum supremacy. As per the popular science journal Nature, Google's quantum computer can solve complex problems in 200 seconds. As per the Google scientists, the world's fastest super computer will take 10,000 years to produce such results. It is really a revolution in data science and data processing. With Google's current achievement, it can be assumed that mainstream commercial adaption of Quantum computing is not far away. As per the reports, Google's first clients of Quantum computer will be Daimler and Volkswagen and they should be using this in 2020.
A Quantum computer are extremely different from the classical computers and it works with complex rules of physics. So, a Quantum computer is able to produce multiple range of solutions of a given problem at a time. And performance of such system grows exponentially.
Now a Quantum computer can technically crack encrypted data as per Shor's algorithm. Can it hack bitcoin network? Due to its ability to solve extremely complex problems in seconds, it is possible that a Quantum computer will be able to know the private key of a wallet just by getting the public key. So it may be able to hack an user's wallet. Due to its massive speed, it may also dominate other mining nodes and attain 51% of network's hash rate.
Yes, it will be immaturity to draw any conclusion. Quantum proof encryption technology is also being heavily researched and blockchain technology is also developing continuously.
Posted using Partiko Android
Congratulations @paragism! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
nice to know
Posted using Partiko Android
Thank you so much for being an awesome Partiko user! We have just given you a free upvote!
The more Partiko Points you have, the more likely you will get a free upvote from us! You can earn 30 Partiko Points for each post made using Partiko, and you can make 10 Points per comment.
One easy way to earn Partiko Point fast is to look at posts under the #introduceyourself tag and welcome new Steem users by commenting under their posts using Partiko!
If you have questions, don't feel hesitant to reach out to us by sending us a Partiko Message, or leaving a comment under our post!
glad to know
Posted using Partiko Android