Imagine a new kind of computer that not only runs faster than your laptop, but so fast that it can solve certain problems that are virtually impossible for normal computers. This is what scientists call a ‘quantum computer’. Google recently introduced a new quantum chip called Willowand it’s causing quite a stir. Some people worry that it could break the security behind things like Bitcoin. Let’s break down what’s going on step by step in simple terms.
What is a quantum computer?
A quantum computer is a special type of machine that uses the rules of quantum physics, the way small particles behave, to perform calculations. Instead of using normal ‘bits’ (the small units that ordinary computers use, which can be 0 or 1), quantum computers use ‘qubits’. These qubits can be 0 and 1 at the same time, allowing them to explore many possibilities at once. This superpower can make them solve certain problems incredibly quickly.
The big challenge: mistakes
Building a useful quantum computer is not easy. The biggest problem? Mistakes. Qubits are very sensitive and are easily ‘distracted’ by their environment. Just as a whisper can get lost in a noisy crowd, the precious information in a qubit can quickly disappear unless it is carefully protected. In quantum computing, more qubits usually means more errors, and that’s bad. As the errors pile up, the computer no longer behaves quantumly, but simply behaves like a regular machine, losing all its special advantages.
What makes Willow special?
Google’s new chip, Willow, brings something extraordinary to the table. When you try to run larger and larger quantum circuits (think of these as more complicated quantum tasks), you usually get more errors. But Willow shows the opposite: As they add more qubits, the overall error rate drops.
This may sound like a small detail, but it is actually a huge breakthrough. It’s something scientists have been trying to achieve for almost thirty years. If you can keep adding qubits while reducing errors, you can start building bigger and bigger quantum computers that are reliable enough to solve real-world problems.
Will it break Bitcoin?
Bitcoin’s security depends on very difficult mathematical problems. Today’s computers cannot easily break the code that keeps Bitcoin safe. But quantum computers can find shortcuts, making it easier to solve these problems and potentially breach security. This has led some people to worry that a chip like Willow could hack Bitcoin.
Here’s the simple truth: While Willow is a great step forward, it’s still a long way from breaking Bitcoin’s security. Experts say you need at least a million really good qubits to threaten something like Bitcoin’s encryption. Willow has about 105 qubits – a large number, but nowhere near a million. Think of it as trying to knock down a huge wall with a small hammer. The hammer (Willow) is beautiful and exciting, but it is not strong enough to knock down the wall today.
So, is Bitcoin safe for now?
Yes. Bitcoin and similar systems remain safe from Willow and other current quantum computers. The jump from 105 qubits to millions of error-free qubits is enormous. It’s like going from cycling to building a spaceship to Mars. Scientists know what to do, but it will take many years – perhaps even decades – of hard work. In fact, estimates vary between 2030 and 2050.
Simply put, cryptocurrencies like Bitcoin have time to evolve and adopt a quantitative resistance protocol and make themselves secure. Back in the day, even Satoshi Nakamoto commented on the possibility.
In response, “if something were to happen and the signatures were compromised (maybe integer factorization has been solved, quantum computers?), then even agreement on the last valid block would be worthless,” Nakamoto said. said,
“True, if it happened suddenly. If it happens gradually, we can still move on to something stronger. When you use the upgraded software for the first time, all your funds will be re-signed with the new, stronger signature algorithm. (by creating a transaction where you send the money to yourself with the stronger sign).”
However, it’s worth pointing out that there’s currently no consensus on what these upgrades should look like.
As it stands now, quantum computing could pose a decisive threat to Bitcoin in the long term, perhaps ten to fifteen years from now. Until quantum computing makes the aforementioned leap, Bitcoin will be more vulnerable to other security risks.
For example, when Spot Bitcoin ETFs’ holdings surpassed Satoshi’s holdings a few days ago, Bitcoin developer Jonas Schnelli claimed this raises concerns about centralization. At the time, he also suggested that this could also pave the way for a 51% attack.
What’s next?
For now, quantum computers are mainly conducting tests to prove that they can perform better than traditional machines on certain tasks. The next big goal is to use these machines to solve a problem that matters in the real world – something that interests us, like discovering a new drug or optimizing a complex process, and do it faster than any normal computer.
Google’s Willow is a big step closer to that future. It has shown that we can tame errors and perform calculations that classical computers cannot handle. As research continues, we’ll likely see more breakthroughs, bigger chips, and ultimately machines that can tackle mind-boggling challenges.
