Odaily Planet Daily reported that Shaw stated on the X platform that there is a huge gap between the actual progress of quantum computing and media hype and public perception. Although the field is making progress, quantum computers will not achieve their claimed capabilities within the next 40 to 50 years. Regarding hash functions like SHA-256, even with the most ideal application of Grover’s algorithm, the search space can only be reduced from 2^256 to 2^128, and 2^128 remains physically unbreakable. Shaw pointed out that the most advanced quantum computers today cannot even factor the number 21 into 3 and 7 without prior knowledge of the result. To crack Bitcoin, quantum computers would need to perform repeated calculations on the real-time network within a few minutes, a leap in capability far beyond the progress from 1950s computers to modern server clusters. Modern cryptography was designed with foresight of future computing power growth. Currently, fears or hype about quantum computing lack factual basis.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. Military Confirms Bitcoin Node Operations as Multiple Nations Adopt Crypto for Statecraft
Gate News message, April 26 — Admiral Samuel Paparo, Jr., who leads U.S. forces across the Indo-Pacific, told a Senate panel that Bitcoin matters to national security. The Pentagon is running its own Bitcoin node and conducting operational tests to secure and protect networks using the Bitcoin
GateNews47m ago
Bitcoin Funding Rate Turns Negative at -0.0031%, Major CEXs Show Mixed Rates
Gate News message, April 26 — According to Coinglass, Bitcoin's 8-hour average funding rate across the network is currently -0.0031%, indicating a bearish sentiment among traders.
Among major centralized exchanges, funding rates vary: a leading CEX shows 0.0002%, another major CEX at -0.0004%, a th
GateNews3h ago
Whale Deposits 300 BTC Worth $23.4M to CEX After 2-Year Dormancy
Gate News message, a whale has deposited 300 BTC (valued at $23.4 million) into a centralized exchange after remaining inactive for 2 years. These 300 BTC were originally withdrawn from CEX 3 years ago when BTC was priced at $19,329. The whale is currently holding an unrealized profit of $17.6 milli
GateNews5h ago
Metaplanet Issues ¥8B Bonds To Expand Bitcoin Holdings
Metaplanet raises ¥8B through zero-coupon bonds to fund Bitcoin purchases without immediate interest burden.
Firm grows BTC reserves to over 40K coins, targeting 100K by year-end despite valuation-driven losses.
Strategy relies on debt financing as stock declines, reflecting risk amid
CryptoFrontNews6h ago
CryptoQuant Analyst: Bitcoin Must Hold Above $83K to Confirm Market Recovery
Gate News message, April 26 — According to CryptoQuant analyst Axel Adler, short-term holder (STH) selling pressure has notably eased following spring market stress relief, and Bitcoin's market recovery remains underway. Current BTC price has approached the short-term holder cost basis.
Adler
GateNews6h ago
El Salvador Adds 8 BTC Over Past Week, Total Holdings Reach 7,633.37 Bitcoin
Gate News message, April 26 — El Salvador added 8 Bitcoin over the past 7 days, bringing its total holdings to 7,633.37 BTC worth approximately $624 million.
Over the past 30 days, the country has accumulated 31 Bitcoin, continuing its strategy of building its national Bitcoin
GateNews8h ago
