RATE Group | Google’s ‘Quantum Supremacy’ Has No Impact on Bitcoin
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Google’s ‘Quantum Supremacy’ Has No Impact on Bitcoin

11 Oct Google’s ‘Quantum Supremacy’ Has No Impact on Bitcoin

Posted at 08:27h in Bitcoin News by

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Bitcoin (BTC) has “zip” to fear from the latest advances in quantum computing from Google, one of the industry’s best-known figures has confirmed.

The effect on Bitcoin? “Zip, bupkis nada”

Speaking as part of a Q&A session on Oct. 10, Andreas Antonopoulos poured cold water on fears Google’s recent quantum computing success could impact cryptocurrencies such as Bitcoin.

“What is the effect on mining and the cryptocurrency world in general? Zip, bupkis, nada, nothing really happens,” he summarized.

As Cointelegraph reported last month, Google had announced it has used a quantum computer to perform a task, which a regular machine would take tens of thousands of years to complete.

Described as “quantum supremacy,” the event sparked immediate concerns about public blockchains. 

Misunderstandings spark crypto concerns

Antonopoulos, however, said these were unfounded.

“Quantum supremacy, what Google described, is demonstrating the practical applicability of quantum…

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