Google's New Chip is Powerful, but the Bitcoin Network Remains Unbreakable
Today's significant drop is not Google's fault. The newly invented quantum chip Willow by Google, while powerful in computing capability, currently does not pose a substantial impact on Bitcoin's computing power and network security for several reasons:
- Quantum Bit Limitations: The Willow chip has only 105 quantum bits, while technology entrepreneur Kevin Rose estimates that a quantum computer capable of breaking Bitcoin encryption would require about 13 million quantum bits to potentially complete the decryption within 24 hours. - Limitations on Types of Computing Tasks: Current quantum computing is only suitable for a limited range of tasks such as integer factorization and cannot reverse one-way hash functions that Bitcoin relies on for encryption. Mainstream blockchain designs like Bitcoin and Avalanche have certain quantum resistance, and the exposure time for public keys is short, giving attackers a limited window of opportunity.
There will be an opportunity to buy at the bottom of a crash in 2024. Which coins should be invested in to increase by a hundred times, and which track will rise first?
Regardless of whether you think 2024 is the bull top or 2025, whether you think Bitcoin will exceed $100,000 or $300,000, whether the currency circle is going up all the way or there is a deep correction, there is an opportunity to get on the train at a low price again, consensus The whole point is that after the Spring Festival of 2023, it’s time to prepare for the big cows. In addition to Bit Ether, more people still want to seize what may be the last opportunity for excessive returns on cryptocurrency and completely turn their lives around. Then they must find a target that is ten times, or even a hundred times the target. There must be such a target. In the bear market, there are a lot of 100-fold coins, and even 10,000-fold coins like pepe and ordi. It is nothing more than whether you can hold it at a low price and whether you can hold it until you sell it at a high price. Do you want to adopt this investment method that is more difficult than simply investing in leading companies such as BitEther? Is it meaningful to conduct research? Because when the big bulls come, everything will go up? How do you find such a target? Are there any standards? When you find such a target, should you buy it at the bottom or make a fixed investment at one time, or invest in it before rotating into different sectors?