Quote from: Hydrogen on September 25, 2019, 04:44:18 AM

#1 Encryption functions on the basis it would take too long to brute force. Google's claim they can solve problems in "200 seconds" that would normally take "10,000 years" directly implies they are poised to break the encryption standards that technologies like bitcoin are built upon.

#2 Where was it "explained" that this news is "not connected" with crypto?

#3 "This has nothing to do with the fall." Based on what? I have seen nothing credible to suggest otherwise.

1. Google:

Quote

that certain computational tasks might be executed exponentially faster on a quantum processor than on a classical processor
...
takes about 200 seconds to sample one instance of the quantum circuit 1 million times
...
The benchmark task we demonstrate has an immediate application in generating certi able random numbers[9]; other initial uses for this new computational capability may include optimization optimization [10{12], machine learning[13{ 15], materials science and chemistry [16{18]. However, realizing the full promise of quantum computing (e.g. Shor’s algorithm for factoring) still requires technical leaps to engineer fault-tolerant logical qubits[19{23]
...
To demonstrate quantum supremacy, we compare our quantum processor against state-of-the-art classical com- puters in the task of sampling the output of a pseudo- random quantum circuit

Google claims that they can execute "certain task" faster. Everything else is speculation.

2. From reddit:

Google and NASA have reached quantum supremacy in a year collaboration. What does it mean for future blockchain security?
Google’s Quantum 'Breakthrough' Won't Destroy Bitcoin. Not Yet
Quantum supremacy and the case for quantum security today in blockchain.
Google reportedly attains 'quantum supremacy'

No panic, no fud, calm discussion.

Here on the forum I saw only a couple of posts on this topic and one explanation. No panic too.

3. Based on the fact that there is no panic, that the news is old (4 days) and did not arouse much interest. The Bakkt, for example, create much more movement.