Complete silicon quantum computer chip design unveiled

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UNSW engineers publish exciting blueprint that uses a ‘silicon spin qubit approach’.

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Read more.

"10-qubit prototype silicon quantum integrated circuit by 2022."

http://i0.kym-cdn.com/photos/images/.../055/098/9.jpg

I know this is going to go down like a lead balloon with a lot of people but surely there goes the majority of blockchain encryption and hence crypto? At least it's a few years out. Maybe more than 10 qubits will be needed. But I'm calling it here just being cautious.

Thanks for the news Hexus.

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Originally Posted by Millennium

"10-qubit prototype silicon quantum integrated circuit by 2022."

I know this is going to go down like a lead balloon with a lot of people but surely there goes the majority of blockchain encryption and hence crypto? At least it's a few years out. Maybe more than 10 qubits will be needed. But I'm calling it here just being cautious.

Thanks for the news Hexus.

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I was thinking the exact same thing last week when considering why people are throwing money at crypto. Once just one of these systems comes online and demonstrates even a fraction of its potential then cryptocurrency as we know it will plummet. They may have to switch into quantum level encryption security but you need specialised infrastructure to make that work and so far I think only China has this laid down and only in a limited fashion for its military.

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Originally Posted by Millennium

I know this is going to go down like a lead balloon with a lot of people but surely there goes the majority of blockchain encryption and hence crypto? At least it's a few years out. Maybe more than 10 qubits will be needed. But I'm calling it here just being cautious.

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There are some crypto currencies that have been designed with this in mind, for example Quantum Resistant Ledger. In the grand scheme of things though, crypto is still quite small.

More worrying is public key cryptography in general - current SSL/TLS standards are vulnerable to quantum algorithms. All internet banking/internet shopping/VPNs and general online activity being insecure is a much larger worry than cryptocurrencies!

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Originally Posted by Bagnaj97

There are some crypto currencies that have been designed with this in mind, for example Quantum Resistant Ledger. In the grand scheme of things though, crypto is still quite small.

More worrying is public key cryptography in general - current SSL/TLS standards are vulnerable to quantum algorithms. All internet banking/internet shopping/VPNs and general online activity being insecure is a much larger worry than cryptocurrencies!

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yeah, but we've still got 10 years to enjoy win7 then before we'll all have to start using something newer. Plenty of time enough to learn linux.

And this is only what has been published...

I for one am surely the first to welcome our new and novel Chinese overlords. Oh except that trickle down communism (ouch swear filter! censored this word).