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Board Beginners & Help
Re: Quantum Computing and bitcoin
by
christov84
on 19/05/2013, 05:42:18 UTC
Quantum Computer's bits can be both on and off at the same time and therefore allowing exponentially larger simultaneous calculations to a single problem.

I.E a Quantum computer could smash through a 256bit key in microseconds because it could test more hash's simultaneously than what a standard pipeline executing computer could.

IIRC D-wave are close to true quantum computing but its not quite there yet...