The state of quantum computers and their disruptive threats/benefits:

1. Quantum mechanics (quibits, superposition, entanglement)


2. Tech's cutting edge (noisy intermediate-scale quantum NISQ era, trapped ions, photonics, threshold theorem, error engineering, networking, repeaters)


3. Effects on cybersecurity, encryption, and cryptography (RSA, Shor's algorithm, and post-quantum cryptography PQC like quantum key distribution QKD, lattice-based cryptography, and code-based cryptography)


4. Effects on Bitcoin and blockchains (ECDSA 256, indistinguishability obfuscation, Ethereum account abstraction, multiparty computation MPC)


5. Effects on chips and AI paradigms (generalizable GPUs vs application-specific QPUs, and quantum as a complement to – not replacement of – traditional cloud-based computing)


6. Simulations and sensors


7. Other challenges (scalability, quibit decoherence, and sector-specific risks)

See also:🧵https://x.com/AnthPB/status/1456748882503913479

This podcast is Al-generated with NotebookLM, using the following sources, research, and analysis:

• Advancing International Collaboration in Quantum Information Science and Technology (National Science & Technology Council, 2024.08.08)


• Analytical Exploration of the Effects and Implications of Quantum Computing on Cryptocurrency Systems (Zhang, 2023)


• Cryptography (Wikipedia, 2024.11.06)


• Current state on quantum computing: What are the major companies/startups making progress? (Reddit, r/QuantumComputing, 2024.06)


• Decrypting Crypto: Cryptocurrencies and the Quantum Computer Threat (Hudson Institute, Herman/Butler/Pagano, 2022.04)


• Encryption (Wikipedia, 2024.11.06)


• From GPUs to AI and quantum: Three waves of acceleration in bioinformatics (Schmidt/Hildebrandt, 2024.04.23)


• How Quantum Computing Could Impact the Future of Bitcoin Mining (AlexaBlockchain, 2024.09.12)


• Keep Your Crypto Safe Around Quantum Computers with Guest Pierre-Luc Dallaire-Demers of Pauli Group (YouTube, Anastasia Marchenkova, 2023.08.29)


• Long-Term Forecast for Quantum Computing Still Looks Bright (Boston Consulting Group, 2024.07.18)


• Myth 5: Quantum Computers Will Replace Digital Computers (Medium, Chris Ferrie, 2024.05.26)


• NIST Post-Quantum Cryptography Standardization (Wikipedia, 2024.11.09)


• National Quantum Initiative Supplement To The President’s FY 2024 Budget (National Science & Technology Council, 2023.12.01)


• Possible futures of the Ethereum protocol, part 6: The Splurge (Vitalik Buterin, 2024.10.29)


• Quantum Computing: Progress and Innovation (Byrd/Ding, 2023.12)


• Quantum Machine Learning Algorithms: Read the Fine Print (Aaronson)


• Quantum Vision Transformers (Cherrat/Kerenidis/Mathur/Landman/Strahm/Li, 2024.02.20)


• Quantum computers and the Bitcoin blockchain (Deloitte)


• Quantum computing (Wikipedia, 2024.11.06)


• Quantum computing: What leaders need to know now (MIT Sloan, 2024.01.11)


• Quantum cryptography (Wikipedia, 2024.11.06)


• Quantum key distribution (Wikipedia, 2024.11.06)


• Reality check for quantum computing: One GPU can be faster (The Register, 2023.05.03)


• Why quantum computing isn’t a threat to crypto… yet (Cointelegraph, 2022.09.09)


• Will Quantum Computers Replace Classical Computers? (Quantum Computing Inc)


• Will Quantum Computing Break Crypto? The Future at Risk (Cointelegraph, 2024.09.25)

Not investment advice; do your own due diligence!

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