The Quantum era is here!

Google's introduction of the Willow quantum computing chip represents a significant advancement with  implications for the crypto sector. The most immediate and substantial impact is anticipated in the realm of cryptographic security.

cryptographic vulnerabilities

Many blockchain systems, including Bitcoin, rely on public-key cryptography for securing transactions and ensuring the integrity of the ledger. These cryptographic methods depend on the computational difficulty of problems like integer factorization and discrete logarithms—challenges that classical computers find formidable. However, quantum computers equipped with algorithms such as Shor's algorithm can solve these problems efficiently, potentially compromising the security of current cryptographic protocols.