The massive firm Honeywell told the public this week they are running a quantum computer that leverages six effective quantum bits, or qubits.
While the most powerful supercomputer would take thousands of years to crack Bitcoin’s encryption, skeptics have already started discussing the future effects of quantum computing on Bitcoin and 256-bit
encryption.
Even though Honeywell's quantum computer is quite powerful with six effective quantum bits, it’s estimated in order to break Bitcoin's 256-bit cryptography, it would take anywhere between 2,000 to 3,000 qubits of computing power.
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