According to one researcher, quantum computing faces more hurdles than many realize when it comes to achieving viability in breaking encryption. In a recent report Dr. Subhash Kak, Regents Professor of Electrical and Computer Engineering at Oklahoma State University, notes that there are issues such as “noise” and error correction that render the buzz about quantum supremacy when it comes to Bitcoin, still largely theoretical.
Also Read: What Google’s Quantum Breakthrough Means for Blockchain Cryptography
Where Quantum Supremacy Falls Short
In essence “quantum supremacy” refers to the demonstration that a quantum computer can solve some problem classical computers can’t. There’s no doubt this has been done, but the important question for those in the crypto space centers on what kind of problem is being solved. While the development of quantum supremacy is a haunting specter indeed for hodlers worried about their private keys, there’s yet little evidence the problems being solved by this technology have much utility in cracking…