TechFlow news, October 23: According to Decrypt, Google's latest "Willow" quantum processor has achieved verified quantum speedup, marking the first confirmed instance of surpassing the computational capabilities of the world's top supercomputers. This breakthrough has raised concerns about the security of Bitcoin's elliptic curve cryptography. Experts warn that although the short-term risk is low, advances in quantum computing could eventually threaten Bitcoin's cryptographic foundation. The Bitcoin community has begun discussing the adoption of post-quantum cryptographic solutions, but implementing such solutions would involve trade-offs in terms of performance and network traffic.
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