Is this the end of Bitcoin? Google unveils quantum chip ‘Willow’ — Is Bitcoin’s security at risk? #CriptoNews

Imagine a new kind of computer that doesn’t just run faster than your laptop, but so fast that it can solve certain problems practically impossible for normal computers. This is what scientists call a “quantum computer.” Recently, Google introduced a new quantum chip called Willowand it’s causing quite a buzz. Some people worry it might break the security behind things like Bitcoin. Let’s break down what’s going on in simple terms, step by step.

What is a Quantum Computer?

A quantum computer is a special type of machine that uses the rules of quantum physics, the way tiny particles behave, to do calculations. Instead of using normal “bits” (the tiny units that regular computers use, which can be either 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 incredibly fast at solving certain problems.

The big challenge: Errors

Building a useful quantum computer isn’t easy. The biggest problem? Errors. Qubits are very sensitive and easily “distracted” by their surroundings. Just like a whisper can be lost in a noisy crowd, the precious information in a qubit can vanish quickly unless carefully protected. In quantum computing, more qubits usually means more errors, and that’s bad. If errors pile up, the computer stops acting quantum and just 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. Usually, when you try to run larger and larger quantum circuits (think of these as more complicated quantum tasks), you get more errors. But Willow shows the opposite: As they add more qubits, the total error rate goes down.

This might sound like a small detail, but it’s actually a huge breakthrough. It’s something scientists have been trying to achieve for nearly 30 years. If you can keep adding qubits while reducing errors, you can start to build bigger and bigger quantum computers that are reliable enough to solve real problems.

Will it break Bitcoin?

Bitcoin’s security relies on very tough math problems. Today’s computers can’t easily break the code that keeps Bitcoin safe. But quantum computers might find shortcuts, making it easier to solve these problems and potentially break the security. This has led some people to worry that a chip like Willow could hack Bitcoin.

Here’s the simple truth – While Willow is an amazing step forward, it’s still very far from being able to break Bitcoin’s security. Experts say you’d need at least a million really good qubits to threaten something like Bitcoin’s encryption. Willow has about 105 qubits—a big number, but nowhere near a million. Think of it like trying to knock down a huge wall with a tiny hammer. The hammer (Willow) is fancy and exciting, but it’s not strong enough to bring the wall down today.

So, is Bitcoin safe for now?

Yes. Bitcoin and similar systems remain secure against Willow and other current quantum computers. The leap from 105 qubits to millions of error-free qubits is enormous. It’s like going from riding a bicycle to building a spaceship to Mars. Scientists know what they need to do, but it will still take many years—maybe 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 quant resistance protocol and make themselves secure. Back in the day, even Satoshi Nakamoto commented on the possibility.

In response to, “if something happened and the signatures were compromised (perhaps integer factorization is solved, quantum computers?), then even agreeing upon the last valid block would be worthless,” Nakamoto said,

“True, if it happened suddenly. If it happens gradually, we can still transition to something stronger. When you run the upgraded software for the first time, it would re-sign all your money with the new stronger signature algorithm. (by creating a transaction sending the money to yourself with the stronger sig).”

Worth pointing out though that at this point, there’s no consensus on what or how these upgrades should look.

As it stands, quantum computing could be a decisive threat to Bitcoin in the long-term, maybe 10-15 years from now. Until quantum computing makes the aforementioned leap, Bitcoin will be more vulnerable to other security risk issues.

For instance, when Spot Bitcoin ETFs’ holdings surpassed Satoshi’s stash a few days ago, Bitcoin developer Jonas Schnelli claimed that this raises centralization concerns. At the time, he also implied that this might pave the way for a 51% attack too.

What’s next?

For now, quantum computers are mostly doing tests to prove they can outperform traditional machines at certain tasks. The next big goal is to use these machines to solve a problem that matters in the real world—something we care about, like discovering a new drug or optimizing a complex process, and doing it faster than any normal computer could.

Google’s Willow is a major step closer to that future. It has shown that we can tame errors and do computations that classical computers can’t hope to handle. As research continues, we’ll likely see more breakthroughs, bigger chips, and, eventually, machines that can tackle mind-boggling challenges.