IonQ – The Quantum Computer Specialist Presents Blueprint for Breaking 256-Bit Signatures and Raises Annual Forecast!
Reading Time: 3 minutes
The quantum computer specialist IonQ presents two pieces of news: a complete blueprint that theoretically allows for breaking the 256-bit encryption used in Bitcoin – and an upgraded revenue forecast following the acquisition of the chip manufacturer SkyWater. Blueprint Against 256-Bit Signatures According to IonQ, they are releasing the first complete, comprehensive resource estimate for the operation of Shor's algorithm on a fault-tolerant quantum computer. The result: An IonQ machine with 20,000 physical quantum bits (qubits) could break...
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