Read_798 - Quantum Computing's Reality Check

February 09, 2024 00:42:29
Read_798 - Quantum Computing's Reality Check
Bitcoin Audible
Read_798 - Quantum Computing's Reality Check

Feb 09 2024 | 00:42:29

/

Hosted By

Guy Swann

Show Notes

The main promise of quantum computing is the ability to solve problems far faster than classical computers, but exactly how much faster varies. There are two applications where quantum algorithms appear to provide an exponential speed up, says Troyer. One is factoring large numbers, which could make it possible to break the public key encryption the internet is built on. The other is simulating quantum systems, which could have applications in chemistry and materials science."

~ Edd Gent


Is Bitcoin destined to fall when quantum computers make their debut? Is the encryption that underpins the entire design of the system at risk this year? This decade? This century? What is the real story behind quantum computing and is there anything we can know from looking at the industry today and where it has, or has not succeeded, in living up to its many promises? Find out in today's episode.


Check out the original article at Quantum Computing’s Hard, Cold Reality Check Hype is everywhere, skeptics say, and practical applications are still far away. (Link: http://tinyurl.com/4xsrz2y3)


References made in the show


Guest Links


Host Links


Check out our awesome sponsors!


There is only one kind of shock worse than the totally unexpected: the expected for which one has refused to prepare.”

~ Mary Renault

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

November 28, 2018 00:41:36
Episode Cover

CryptoQuikRead_192 - The Cryptocurrency Phenomenon [Part 7]

"In practice, the Proof-of-Stake approach proves to be problematic in systems where the coins “at stake” were not created through Proof-of-Work." Today we explore...

Listen

Episode

March 01, 2018 00:13:28
Episode Cover

CryptoQuikRead_009 - How Easy Money is Rotting America from the Inside-Out

What are the consequences of America's monetary policy? Listen to find out. Link to the article by David L. Veksler at Fee.org: https://fee.org/articles/how-easy-money-is-rotting-america-from-the-inside-out/ ---...

Listen

Episode

January 31, 2020 00:44:14
Episode Cover

CryptoQuikRead_346 - The Kindest Cut; Why The 2020 Bitcoin Halving... [Peter C. Earle]

"What’s noteworthy about this point is that, upon this particular halving, Bitcoin “inflating” at a roughly 1.8 percent rate annually will nominally — and...

Listen