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Earlier this week, Google announced its latest product: a quantum chip called Willow , capable of performing advanced computations in seconds. The announcement sent shock waves throughout the crypto community, raising concerns about the security of Bitcoin and other blockchains. Some crypto enthusiasts speculate that Willow could spell the end of the crypto industry by cracking the complex encryption that secures blockchains like Bitcoin. “Bitcoin and blockchain depend on cryptography. The security of Bitcoin lies in complex math SHA-256. It’s so hard to crack that it would take classical supercomputers millions of years. But now? Quantum chips like Willow could break this in minutes,” one user wrote on X . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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