This significant leap forward in processing power leads to questions about Bitcoin’s legendary security, unbroken for 15 years since the genesis block.

Google’s quantum chip Willow sparked fears for Bitcoin’s security. Discover why these fears are exaggerated and Bitcoin is safe.

What is Google’s Willow quantum chip? Google’s Willow chip marks a new era in quantum performance, enabling complex computations with significant implications for various industries, including cryptography.

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Google's unveiling of its next-generation quantum chip, "Willow" has sent ripples through the tech world, with its lightning-fast computation capabilities stoking concerns for Bitcoin (CRYPTO: BTC) and other cryptocurrencies.

Researchers found in a yet-to-be-peer-reviewed study that the threat of quantum computers cracking Bitcoin encryption is very real.

EMJ Capital founder and President Eric Jackson discussed the potential for Alphabet (GOOG)’s new quantum computing chip, Willow, being a potential Bitcoin and Nvidia killer on Making Money. Here is what he thinks about the new chip: As excited as people may have gotten about artificial intelligence in the past year,

As adoption accelerates, new price targets emerge, reflecting growing consumer interest and significant future investments.

Bringing your technology down … can be very, very costly, even if it's on for a few minutes or a few hours,” University of Kent lecturer Carlos Perez-Delgado said.

Introducing Willow, our new state-of-the-art quantum computing chip with a breakthrough that can reduce errors exponentially as we scale up using more qubits, cracking a 30-year challenge in the field. In benchmark tests, Willow solved a standard computation in <5 mins that would…

Google's new Willow quantum processor has reignited discussions around blockchain security and their ability to withstand rapid advancements.

Google has introduced the Quantum chip Willow, capable of flooring existing supercomputers and posing long-term threat to Bitcoin.

While quantum computing does indeed pose significant threats to current security systems, it's not a master key to the universe, at least not right now. And there is no looming threat to Bitcoin, either.