Quantum Computing | ForkLog

ForkLog 330 11.06.2025

Chaincode Labs sizes up the quantum threat to Bitcoin

Researchers at Chaincode Labs have published a detailed report on potential quantum-computing threats to Bitcoin. The 55-page document was prepared by Dr Anthony Milton and Clara Schickelmann in May 2025. How many bitcoins are at risk The authors estimate that 20% to 50% of all bitcoins in circulation (4–10m BTC) are potentially vulnerable to attacks […]

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ForkLog 50 28.04.2025

Quantum Leap: 72-Qubit Computer Tackles Cancer Treatment

Origin Quantum, a company specializing in quantum computing, has applied its cutting-edge technology to breast cancer diagnostics and drug development, according to SCMP. The firm showcased the capabilities of its quantum computer, Origin Wukong, in biomedical research, including mammographic screening for malignant tumors and the development of small-molecule-based drugs. For cancer detection, the quantum computer […]

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ForkLog 71 17.04.2025

Project Eleven Offers 1 BTC for Quantum Breach of Bitcoin Cryptography

The research initiative Project Eleven has announced a reward of 1 BTC for cracking the strongest possible ECC key using Shor’s algorithm on a quantum computer. The open competition, dubbed the Q-Day Prize, will run until April 5, 2026. We just launched the Q-Day Prize. 1 BTC to the first team to break a toy […]

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ForkLog 59 05.03.2025

China Develops Quantum Computer ‘One Quadrillion Times More Powerful’

A research team from the University of Science and Technology of China (USTC) has developed a prototype superconducting quantum computer with 105 qubits and 182 connectors. The results were published in Physical Review Journals. It is claimed that Zuchongzhi 3.0 operates one quadrillion (a number with 15 zeros) times faster than the most powerful supercomputer […]

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ForkLog 37 20.02.2025

Microsoft Unveils Majorana 1 Quantum Computing Chip

Microsoft has announced its first quantum computing chip, Majorana 1. The company claims to have “created an entirely new state of matter”—topological. The chip employs the “world’s first topological conductor,” a groundbreaking type of material that can observe and control Majorana particles to create more reliable and scalable qubits. Majorana 1 utilizes eight topological qubits […]

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ForkLog 64 10.02.2025

Tether CEO Predicts Hacking and Return of Satoshi-Linked Bitcoins

Lost bitcoins, including approximately 1 million BTC belonging to Satoshi Nakamoto, will be hacked and returned to circulation, according to Tether CEO Paolo Ardoino. Prediction. Quantum computing is still very far from any meaningful risk of breaking Bitcoin cryptography.Quantum resistant addresses will eventually be added to Bitcoin before there is any serious threat. All people […]

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ForkLog 58 26.12.2024

Russia Unveils Prototype of 50-Qubit Quantum Computer

Scientists from Moscow University and the Russian Quantum Center have developed the country’s first prototype of a 50-qubit quantum computer. It was tested on December 19, according to the MSU website. The prototype is based on single neutral rubidium atoms, which are captured by optical tweezers—focused laser beams. A qubit is encoded in the internal […]

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ForkLog 65 18.12.2024

Quantum Computers Could Crack Bitcoin in Five Years, Scientist Warns

Commercial quantum computers may be able to crack the elliptic curve keys securing Bitcoin wallets in about five years. This perspective was shared by Pierre-Luc Dallaire-Demers, a scientist from the University of Calgary, in a conversation with DLNews. The expert refers to ECDSA 256 encryption, which protects addresses and signs transactions using pairs of public […]

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ForkLog 22 10.12.2024

Google’s Quantum Chip Sparks Bitcoin Security Concerns

Experts from Google Quantum AI unveiled the latest quantum chip, Willow, which has caught the attention of the crypto community as a potential threat to Bitcoin. According to Hartmut Neven, head of the tech giant’s division, the chip completed a standard benchmark calculation in under five minutes. In comparison, one of the fastest modern supercomputers, […]

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ForkLog 33 25.11.2024

Quantum Technologies vs. Supercomputers: Who Will Crack Bitcoin?

Google experts have unveiled a technology that, with the application of artificial intelligence, could make quantum computing practical in real life, according to an article in Nature. In the presented work, Deepmind researchers explained that their new AI system, AlphaQubit, has succeeded in correcting persistent errors that have long plagued quantum computers. “Quantum computers have […]

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ForkLog 21 14.10.2024

Chinese Scientists Use Quantum Computer to Breach Cryptographic Algorithms

Chinese scientists have conducted the “world’s first effective attack” on a widely used encryption algorithm using a quantum computer, according to SCMP. The breakthrough poses a “real and substantial threat” to the long-standing password protection mechanism employed in critical sectors such as banking and the military, researchers claim. A team led by Wang Chao from […]

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ForkLog 76 11.03.2024

Vitalik Buterin Proposes Quantum-Resistant Strategy for Ethereum

Ethereum currently possesses robust capabilities to protect user funds from quantum computers through a simple “recovery fork,” according to Vitalik Buterin, the project’s co-founder. “The blockchain would require a hard fork, and users would need new wallet software, but few would lose their funds,” he stated. In a publication on Ethereum Research, Buterin noted that […]

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