Microsoft said Majorana 2 is 1,000 times more reliable with average qubit lifetimes of 20 seconds and is targeting scalable quantum computing by 2029, renewing debate over long-term risks to Bitcoin encryption.
Microsoft unveiled its Majorana 2 quantum chip, saying it is 1,000 times more reliable and has average qubit lifetimes of 20 seconds. The company also said artificial intelligence tools aided the research and that it is targeting scalable quantum computing by 2029. The announcement renewed concern in the digital asset market that future quantum advances could threaten Bitcoin encryption, with about $461 billion described as at risk. The source does not state that Bitcoin’s security has already been broken, but it highlights why quantum progress is being closely monitored across the crypto industry.