Researchers have significantly reduced the estimated quantum computing resources needed for a key calculation that could eventually threaten Bitcoin and Ethereum cryptography, according to a new study involving researchers from the Ethereum Foundation, Theta Labs, StarkWare and other organizations. The paper outlines a quantum circuit requiring 1,151 logical qubits and roughly 1.3 million Toffoli gates. Its combined resource score is approximately 1.5 billion, more than 50% below the roughly 3 billion benchmark published by Google Quantum AI in March. Researchers cautioned that the comparison… Read more
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