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Quantum computing bombshells that are not April Fools

5 hours ago
  • #cryptography
  • #bitcoin-security
  • #quantum-computing
  • Two key quantum computing announcements were made: one from Caltech on fault-tolerance with lower overhead using high-rate codes for architectures like neutral atoms, and another from Google on a lower-overhead implementation of Shor's algorithm to break 256-bit elliptic curve cryptography.
  • Google published their result via a zero-knowledge proof without revealing circuit details, a novel approach with historical parallels, though it may only delay others from finding the circuit.
  • Combining these advances suggests Bitcoin signatures could be vulnerable earlier than thought, with an estimated need for only 25,000 physical qubits, down from millions a year ago, though the exact time saved is unclear.
  • The news underscores the urgent need to upgrade to quantum-resistant cryptography, with experts advocating for publication to raise awareness and prompt action.
  • The author compares Google's approach to historical secrecy in nuclear fission but notes that respected cybersecurity experts advocate for full publication to drive security improvements.
  • Journalist inquiries were handled during a busy week, and the post invites discussion while noting personal time constraints for holidays like Passover.