Is it a bitcoin that threatens quantum computing faster than expected? Wednesday, Microsoft was called “Majorana 1”, the first quantum computing chip. The technical community has long guessed Google’s next -generation quantum efforts (often called “Willow”), but Microsoft’s announcement has focused on vague questions. Can Bitcoin survive in an accelerated push for a million quit machine?
Microsoft argues that Majorana 1 uses a new topology core architecture designed to bring Quantum Computes from the laboratory to bring it to a meaningful real application in a few years, not decades. The unique design of the chip can work in a longer period of time and more stable than the previous generation.
According to Microsoft CEO Satya Nadella, the company’s roadmap points out 1 million quart devices by 2027-2029.
Are Bitcoin in danger?
Most financial institutions depend on hierarchical security systems, but I wonder if Bitcoin’s dependence on public key encryption can be an easier goal of quantum attacks. River, a financial platform centered on Bitcoin, has recently been alerts from X threads. They warned that “Majorana 1 chip is far from its current size, but it can reach a million mark by 2027-2029.
According to River’s analysis, devices with 13 million to 300 million queue bits can theoretically break the bitcoin address in a few hours and potentially lead to danger of up to 5.9 million BTCs. Today’s quantum computers are not close to that capacity, but River emphasized that Microsoft’s performance shortens the entire timeline.
“If you run for a few days to a few weeks, 1 million cue -bit QCs can break the bitcoin address through long -range attacks. (…) More realistically, we need QC with 13-3 billion cubes to carry out long-distance attacks within 1-8 hours. If it is achieved, this will lead to an immediate danger of 5.9 million BTC. Today’s best QC has 1,000 cue bits. Nevertheless, this breakthrough reduces the timeline to produce bitcoin quantum resistance. ”
River’s CEO, Alexander Leishman, emphasizes in X’s post that BTC’s unique settings can be more directly exposed to quantum threats compared to banks and other centralized companies. “The approach to public key is the same approach to money,” he pointed out that the traditional banking system depends on various protected classes. Even if Quantum Hardware wants to make HTTPS encryption useless, LeiShman pointed out that an additional firewall, authentication protocol and direct security inspection should be performed to violate the bank.
In contrast, once a BTC public key is released (when the BTC is transmitted from the address), a sufficiently powerful quantum computer can bypass the personal key if you can run the correct algorithm for a sufficient time. LeiShman said, “It is a short -term issue that is skeptical, but emphasized that ignoring quantum threats can be a shortsighted.
“Quantum computers can’t access all the money of Goldman Sachs like magic. It will approach you for billions of dollars of bitcoin like magic. Again, I don’t think this threat is to be executed, but it’s important to discuss this issue honestly. ”
Preston Pysh, a prominent Bitcoin commentator, participates in the debate through X and asks if the community should prioritize the engineering quantum resistance address and refers to the BIP-360 (proposed P2QRH framework). PYSH suggested that this proposal could be potentially enacted through the soft fork.
LeiShman agreed that securing Bitcoin on quantum attacks should be a priority, but urged to rush to crystals. “We should not rush anything,” he said.
BTC was traded at $ 98,337 in the press time.
DALL.E, major images made with charts on TradingView.com