Page 269«..1020..268269270271..280290..»

Analyzing Investment Opportunities: Bitcoin Halving and Its Influence on Binance Coin (BNB), Dogecoin (DOGE), and … – Analytics Insight

As the cryptocurrency market continues to captivate investors with its volatility and potential for substantial gains, attention is drawn to three notable assets: Binance Coin (BNB), Dogecoin (DOGE), and Furrever Token (FURR). While Binance Coin showcases resilience amid market fluctuations, Dogecoin maintains its status as a beloved meme coin, and Furrever Token emerges with promises of a remarkable 15X increase post-presale. With each asset boasting unique features and market dynamics, investors eagerly anticipate how these coins will fare in the evolving crypto landscape.

With Binance Coin (BNB) currently priced at $555.30, experiencing a marginal 1% increase since yesterday, investors eagerly anticipate its next move. Despite this modest uptick, BNB remains down by 5% from the previous week. Over the last 24 hours, BNB has seen a 4% rise, indicative of potential market shifts. However, the prevailing low volume suggests a lack of clear direction, leaving both bullish and bearish sentiments in balance. As BNB treads cautiously, trading sideways, it accumulates momentum for a decisive movement. Presently, the price action suggests a pattern of consolidation within the $540-$600 range, signaling a period of uncertainty in the short term. Amidst this backdrop, investors closely monitor BNBs trajectory, which is poised for potential breakthroughs or further stabilization in the days ahead.

Dogecoin (DOGE) has retraced to around $0.1523, experiencing a slight decline of 2.5% since yesterday. However, recent market dynamics have brought renewed optimism as DOGE returns to the $0.16 range following Bitcoins resurgence, which has propelled altcoins to gain over 5%. The crypto markets rebound from recent lows has provided short-term profit opportunities for coins recovering from the bottom.

According to IntoTheBlock data, approximately 85% of Dogecoin addresses are currently in profit. However, recent fluctuations have pushed around 12% of holders into a loss. Amidst this scenario, patient investors await signs of a potential uptrend, hoping for weakened selling pressure to pave the way for new highs.

Encouragingly, despite the high percentage of profitable investors, there has been an increase in DOGE withdrawals from exchanges. This uptick suggests reduced selling pressure as investors opt to accumulate rather than sell. The recent surge in withdrawals indicates that investors may be aligning their strategies with medium and long-term goals. In the past seven days alone, over 110 million DOGE more than usual has been withdrawn from exchanges to wallets, reflecting a shift towards accumulation and potential optimism for the future.

Furrever Token (FURR) emerges as a promising cryptocurrency project, blending innovation with the universal appeal of adorable feline imagery. Positioned to revolutionize the crypto space, Furrever Token transcends conventional use cases by infusing the ecosystem with a delightful dose of cuteness. With its mission to foster a warm and engaging community centered around the lighter side of crypto, Furrever Token introduces a user-friendly platform adorned with cute cat-themed stickers, emojis, and visuals.

As the project nears the completion of its presale stages, investors are drawn to the potential for significant returns, with projections indicating up to 15X growth post-presale. Currently priced at $0.00048, Furrever Tokens expected surge after the presale presents an enticing investment opportunity. Already garnering substantial interest, Furrever Token has raised nearly $800,000, signaling robust investor confidence. Moreover, with meticulous attention to security and compliance, including smart contract audits and team token lock-ups, Furrever Token assures its community of a safe and enduring investment environment.

Supported by an active and engaged community of over 4,000 organic members on Telegram, Furrever Token epitomizes community-driven growth and legitimacy. With transparent communication channels and dedicated moderators ensuring swift issue resolution, investors are reassured of Furrever Tokens commitment to transparency and integrity. With the presale swiftly progressing toward its conclusion, savvy investors are encouraged to seize the opportunity to partake in Furrever Tokens journey toward fostering joy and profitability in the crypto landscape.

Furrever Token Official Website | Visit Furrever Token Presale Join Official Telegram Group | Follow Official X Account

Join our WhatsApp and Telegram Community to Get Regular Top Tech Updates

Follow this link:

Analyzing Investment Opportunities: Bitcoin Halving and Its Influence on Binance Coin (BNB), Dogecoin (DOGE), and ... - Analytics Insight

Read More..

Binance announces blockchain courses at European universities – FinanceFeeds

Education plays a pivotal role in advancing adoption and fostering opportunities as these technologies redefine our future and global economic landscape.

In partnership with leading European educational institutions, Binance Academy has launched university-accredited courses that delve into key topics and disciplines within the dynamic landscape of Web3.

Offering learners a deeper understanding of blockchain technology and digital assets, the crypto learning hub of Binance is hoping to further expand the reach of its educational efforts by partnering with renowned and respected Business schools and professors in Europe.

According to the announcement, all of the courses have been designed and recorded in partnership with esteemed professors teaching crypto and blockchain-related courses on campus. The courses are priced at 10 USDT for enrollment, with a promotional price of 4 USDT at launch.

Upon completion of their courses, participants will receive a co-branded certificate from the university and Binance Academy, with the hope that this certification will help to unlock new career opportunities within the blockchain industry, the entity stated.

The university partners and their courses include:

Yi He, Co-Founder at Binance, said: Were thrilled to join hands with prestigious European universities in delivering university-accredited Web3 courses. Education plays a pivotal role in advancing adoption and fostering opportunities as these technologies redefine our future and global economic landscape. Our commitment to accessibility aligns with our user-centric principles, driving financial inclusivity and sustainable innovation as we champion growth within the broader ecosystem.

Read more:

Binance announces blockchain courses at European universities - FinanceFeeds

Read More..

Binance Executive Tracked to Kenya, Facing Extradition to Nigeria – Crypto Times

Based on a report from Punch, the Nigerian government has tracked down Binance executive Nadeem Arjarwalla, who fled the country after being detained on charges of money laundering. Arjarwalla is now the focus of a joint effort by Nigerian authorities, Interpol, and the Kenyan police to extradite him to Nigeria to face trial.

According to reports, Arjarwalla escaped custody in Nigeria on March 22 and managed to board a flight out of the capital, Abuja. However, his trail has now been picked up in Kenya, where he went into hiding. Nigerian officials have disclosed that they are collaborating with international agencies to bring the fugitive executive back to the country.

The charges against Arjarwalla stem from allegations that Binance, the cryptocurrency exchange he represents, manipulated Nigerias fiat currency, the naira. He was detained alongside another Binance executive, but only Arjarwalla managed to flee the country.

Also Read: Novogratz Bullish on Bitcoins Recovery After Major Plunge

See more here:

Binance Executive Tracked to Kenya, Facing Extradition to Nigeria - Crypto Times

Read More..

Hong Kong SFC approves Bitcoin and Ethereum spot ETFs – Crypto Briefing

Share this article

Several prominent asset management companies, including China Asset Management (Hong Kong), Bosera Capital, and HashKey Capital Limited, have announced that their applications for Bitcoin and Ethereum spot exchange-traded funds (ETFs) have been approved by the Hong Kong Securities and Futures Commission (SFC). This approval allows investors to directly use Bitcoin and Ethereum to subscribe for corresponding ETF shares.

China Asset Management (Hong Kong), an asset management company in the Hong Kong market and an overseas subsidiary of China Asset Management, has received approval from the SFC to provide virtual asset management services to investors. The company now plans to issue ETF products that can invest in spot Bitcoin and spot Ethereum.

To facilitate this endeavor, China Asset Management (Hong Kong) has partnered with OSL Digital Securities Co., Ltd., a leading player in the virtual asset industry, and BOC International Prudential Trusteeship Ltd., a prominent custodian. Together, they are actively researching and deploying strategies to offer these innovative investment products to their clients.

China Asset Management, established in Hong Kong in 2008, was among the first batch of Chinese asset management companies to expand overseas. Its parent company, China Asset Management, is one of the largest fund companies in China, with total assets under management exceeding US$266 billion as of December 31, 2023.

Over the past 16 years, China Asset Management (Hong Kong) has developed a strong local investment research team and offers a diversified range of products, including long-term stock and bond funds, hedge funds, ETFs, leveraged/inverse products, and separate accounts. The company is committed to providing investment advisory services to individual and institutional investors across Hong Kong, Greater China, Asia Pacific, Europe, and the United States.

In addition to China Asset Management (Hong Kong), Harvest Global Investments has also announced that the SFC has approved in principle their Bitcoin and Ethereum digital asset spot ETF products.

The approval of these spot ETFs by the Hong Kong Securities and Futures Commission marks a significant milestone in the integration of traditional finance and the rapidly growing digital asset space. It demonstrates the increasing acceptance and legitimization of cryptocurrencies as an investable asset class and is expected to attract more institutional and retail investors to the market.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefings own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

See the original post:

Hong Kong SFC approves Bitcoin and Ethereum spot ETFs - Crypto Briefing

Read More..

Bitcoin and Ethereum spot ETFs may hit Hong Kong markets as early as Monday: Bloomberg – Crypto Briefing

Share this article

Major Chinese asset managers are on the brink of launching spot Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong, possibly as early as Monday, Bloomberg reported on Friday, citing anonymous sources familiar with the matter. The timeline, however, remains tentative, sources noted.

Harvest Fund Management Co.s international division and a joint venture between Bosera Asset Management (International) Co. and HashKey Capital are the two potential ETF issuers, Bloombergs sources said.

As noted, the two entities plan to roll out their ETFs by the end of the month, pending approval from the Securities and Futures Commission (SFC) and finalizing listing arrangements with Hong Kong Exchanges & Clearing Ltd.

The report follows news earlier this week that prominent Chinese asset managers have applied for spot Bitcoin ETFs through their Hong Kong subsidiaries. According to Bloomberg, on April 9, SFC granted Harvest and China Asset Management clearance to provide virtual-asset-related fund management services.

The potential approval of Hong Kong-listed spot Bitcoin ETFs could unlock up to $25 billion in demand from mainland China as qualified Chinese investors may be allowed to access the funds through the Southbound Stock Connect program, said Matrixport in a Friday report.

A likely approval of Hong Kong-listed Bitcoin Spot ETFs could attract several billion dollars of capital as mainland investors take advantage of the Southbound Stock Connect program, which facilitates up to 500 billion RMB (HK$540 billion and $70 billion) per year in transactions, said Matrixport. Based on the (potential) available capacity, this might result in up to 200 billion Hong Kong dollars of available capacity for those HK Bitcoin ETFsor US$25 billion.

The Southbound Stock Connect program sets a yearly limit of HK$540 billion for Chinese investment in Hong Kong-listed stocks. However, 360MarketIQs data shows the quota hasnt been fully used in the past three years, leaving around HK$100-200 billion annually unused capacity.

Matrixport suggested that this unused quota could be directed towards the Bitcoin ETF if approved.

After the debut of US spot Bitcoin ETFs, global investors have seen Hong Kong as the next hub for crypto ETFs due to the countrys regulatory environment.

In late December last year, the SFC and the Hong Kong Monetary Authority (HKMA) issued new rules addressing the possibility of investment funds, brokerages, and asset managers offering crypto ETFs. The move was seen as preparation for upcoming crypto ETF products.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefings own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Read the original:

Bitcoin and Ethereum spot ETFs may hit Hong Kong markets as early as Monday: Bloomberg - Crypto Briefing

Read More..

Sullivan County uses NYSSOC to combat cybersecurity threats – Spectrum News

Cybersecurity threats are a worldwide issue.

New York state is working to combat this with its New York State Security Operations Center (NYSSOC).

Sullivan County is the first county to start utilizing the NYSSOC.

It allows the state to monitor for cyber threats with a goals of preventing them and improving responses to incidents.

The county, as well as the state, as well as the nation, are under attack constantly from foreign adversaries just looking to wreak havoc on the infrastructure and environment that we work in and with. So, it's important for us to know what's happening quickly, to be able to respond quickly, and to mitigate those risks as quickly as possible, said Commissioner of Information Technology Services and CIO for Sullivan County Lorne Green.

The NYSSOC facility is based in Brooklyn and is dedicated to detecting and responding to real-time threats 24/7.

Anything that they see that, you know, red flags, anything, even some minor occurrences that go through, they will alert us. And then, we can take action on those to either let them know that this is a low priority, high priority, medium, and then, whatever that comes through as, we can take action, said Deputy CIO for Sullivan County Dan Smith.

OfficialssaidSullivan County went live with NYSSOCin late March. It wasselected due to relationships with New York State Homeland Security and the States Center for Internet Security.

Officialscollected log data from security appliances and servers to feed to NYSSOCto get the project rolling.

They then parch that data and put it into their recording solution for analysis and further determination as to whether or not there are any incidents that need to be addressed, Green said.

One ofthemajor aspects of thiseffortis ensuring threats are being tracked even when local information technology services staff members are not there.

I can sleep a whole lot better at night, Green said.

Having the tools in place to make it easier for us to function and to allow people to do their jobs without as much worry, you know, of just regular things coming in and possibly taking us down, it's just it's very reassuring mindfully, Smith said.

Expertssaid the publicshould feel more confidenttheir information is beingprotected because of these changes.

We are attempting to stay on top of the cyber threats that exist and that we are taking appropriate action to mitigate when those occur to protect their data, Green said.

According to Green, Tompkins County will be the next to launch this, and 45 counties have shown interest in subscribing to NYSSOC.

View post:
Sullivan County uses NYSSOC to combat cybersecurity threats - Spectrum News

Read More..

Even as ransomware attacks fall, emailers warned of new phishing scam – Yahoo! Voices

Email users need to be watchful for a seemingly new form of malicious software being spread in phishing messages since at least November last year.

Called Latrodectus, which refers to the deadly widow group of spiders, the malware can reportedly evade an emails "sandbox" feature, meaning it can land in inboxes without first undergoing the usual scrutiny given to other messages by up-to-date email systems.

According to internet security researchers at Team Cymru and Proofpoint, the malware has been found in "nearly a dozen" campaigns, according to the researchers, who said the messages typically try "to initiate a conversation with a target" through forms in an email.

The format could "become increasingly used by financially motivated threat actors across the criminal landscape," they warned.

But while the threat from Latrodectus grows, the first quarter of 2024 has seen a fall in ransomware attacks compared to the same period last year, according to CyberInt, which monitors threats to cyber-security.

The 22% year-on-year drop is in part down to increased efforts to track down and arrest perpetrators, according to The Hacker News, pointing to the arrests of three people allegedly involved with the "infamous" ransomware syndicate known as "LockBit."

2023 was a record year for ransomware attacks, which climbed by over 50% compared to 2022.

Usually spread via email, ransomware is a form of malware that "installs itself onto a victims machine, encrypts their files, and then turns around and demands a ransom to return that data to the user," according to McAfee, the anti-virus software business.

Go here to see the original:
Even as ransomware attacks fall, emailers warned of new phishing scam - Yahoo! Voices

Read More..

Commodore 64 claimed to outperform IBM’s quantum system sarcastic researchers say 1 MHz computer is faster … – Tom’s Hardware

A paper released during the SIGBOVIK 2024 conference details an attempt to simulate the IBM quantum utility experiment on a Commodore 64. The idea might seem preposterous - pitting a 40-year-old home computer against a device powered by 127-Qubit Eagle quantum processing unit (QPU). However, the anonymous researcher(s) conclude that the Qommodore 64 performed faster, and more efficiently, than IBMs pride-and-joy, while being decently accurate on this problem.

At the beginning of the paper, the researchers admit that their Qommodore 64 project is a joke, but, sadly for IBM, its proof of quantum utility was also built upon shaky foundations, and the Qommodore 64 team came up with some convincing-looking benchmarks. There was some controversy about IBMs claims at the time, and we are reminded it took just five days for the quantum experiment to be simulated on an ordinary MacBook M1 Pro laptop. The jokey Quantum Disadvantage paper (PDF link, headlining section starts at page 199) ports this experiment to a machine packing the far more humble MOS Technology 6510 processor.

Image 1 of 3

To get deep into the weeds with the quantum theory and math behind the quantum utility experiment, please follow the above PDF link. However, to summarize, the C64-based experiment uses the sparse Pauli dynamics technique developed by Begui, Hejazi, and Chan to approximate the behavior of ferromagnetic materials. Famously, IBM claimed such calculations were too difficult to perform on a classical computer to an acceptable accuracy, using the leading approximation techniques, recalls the paper. Not quite, and as already mentioned above, an ordinary laptop can obtain similar results.

The anonymous C64 user(s) provide some interesting details of their quantum-defeating feat. Their aggressively truncated and shallow depth-first search model used just 15kB of the spacious 64kB available on the iconic Commodore machine. Meanwhile, the final code consisted of about 2,500 lines of 6502 assembly, stored on a cartridge that fitted in the C64s expansion port. This code was handled by the mighty 1 MHz 8-bit MOS 6510 CPU. The C64 took approx 4 minutes per data point. (Testing the same code on a modern laptop achieved roughly 800s per data point.)

In conclusion, the researcher(s) asserts that the Qommodore 64 is faster than the quantum device datapoint-for-datapoint it is much more energy efficient and it is decently accurate on this problem. On the topic of how applicable this research is to other quantum problems, it is snarkily suggested that it probably wont work on almost any other problem (but then again, neither do quantum computers right now). Overall, it is difficult to know whether the results are entirely genuine, though a lot of detail is provided and the linked research references in the paper seem genuine.

We know many readers are retro computing enthusiasts, as well as DIYers and makers. So it is good to know that the author(s) of this paper say that they will provide source code to allow others to replicate their results. However, source code will only be supplied in one of three formats, they say: a copy handwritten on papyrus, a slide-show of blurry screenshots recorded on a VHS tape, or that I dictate it to you personally over the phone. So please add an extra pinch of salt to this story for that.

Join the experts who read Tom's Hardware for the inside track on enthusiast PC tech news and have for over 25 years. We'll send breaking news and in-depth reviews of CPUs, GPUs, AI, maker hardware and more straight to your inbox.

Read more from the original source:
Commodore 64 claimed to outperform IBM's quantum system sarcastic researchers say 1 MHz computer is faster ... - Tom's Hardware

Read More..

Guaranteeing Security and Privacy: New Quantum Breakthrough Could Benefit Millions of People – SciTechDaily

The process allows a remote user (right) to access a quantum computer in the cloud (left) with complete security. Credit: Helene Hainzer, Oxford University Physics.

A recent breakthrough guaranteeing security and privacy by Oxford University physicists could enable millions of people and businesses to tap into the capabilities of next-generation quantum computing. This advance promises to unlock the transformative potential of cloud-based quantum computing and is detailed in a new study published in the influential U.S. scientific journal Physical Review Letters.

Professor David Lucas, co-head of the Oxford University Physics research team and lead scientist at the UK Quantum Computing and Simulation Hub. Credit: Martin Small

Quantum computing is developing rapidly, paving the way for new applications that could transform services in many areas like healthcare and financial services. It works in a fundamentally different way to conventional computing and is potentially far more powerful. However, it currently requires controlled conditions to remain stable and there are concerns around data authenticity and the effectiveness of current security and encryption systems.

Several leading providers of cloud-based services, like Google, Amazon, and IBM, already separately offer some elements of quantum computing. Safeguarding the privacy and security of customer data is a vital precursor to scaling up and expanding its use and for the development of new applications as the technology advances. The new study by researchers at Oxford University Physics addresses these challenges.

We have shown for the first time that quantum computing in the cloud can be accessed in a scalable, practical way which will also give people complete security and privacy of data, plus the ability to verify its authenticity, said Professor David Lucas, who co-heads the Oxford University Physics research team and is lead scientist at the UK Quantum Computing and Simulation Hub, led from Oxford University Physics.

Experiments on quantum computing in the Beecroft facility, Oxford University Physics. Credit: David Nadlinger, Oxford University Physics.

In the new study, the researchers use an approach dubbed blind quantum computing, which connects two totally separate quantum computing entities potentially an individual at home or in an office accessing a cloud server in a completely secure way. Importantly, their new methods could be scaled up to large quantum computations.

Peter Drmota, author of the new study who led the experiments on blind quantum computing at Oxford University Physics. Credit: Martin Small.

Using blind quantum computing, clients can access remote quantum computers to process confidential data with secret algorithms and even verify the results are correct, without revealing any useful information. Realising this concept is a big step forward in both quantum computing and keeping our information safe online said study lead Dr Peter Drmota, of Oxford University Physics.

The researchers created a system comprising a fiber network link between a quantum computing server and a simple device detecting photons, or particles of light, at an independent computer remotely accessing its cloud services. This allows so-called blind quantum computing over a network. Every computation incurs a correction which must be applied to all that follow and needs real-time information to comply with the algorithm. The researchers used a unique combination of quantum memory and photons to achieve this.

Never in history have the issues surrounding privacy of data and code been more urgently debated than in the present era of cloud computing and artificial intelligence, said Professor David Lucas. As quantum computers become more capable, people will seek to use them with complete security and privacy over networks, and our new results mark a step change in capability in this respect.

The results could ultimately lead to commercial development of devices to plug into laptops, to safeguard data when people are using quantum cloud computing services.

Researchers exploring quantum computing and technologies at Oxford University Physics have access to the state-of-the-art Beecroft laboratory facility, specially constructed to create stable and secure conditions including eliminating vibration.

Reference: Verifiable Blind Quantum Computing with Trapped Ions and Single Photons by P. Drmota, D. P. Nadlinger, D. Main, B. C. Nichol, E. M. Ainley, D. Leichtle, A. Mantri, E. Kashefi, R. Srinivas, G. Araneda, C. J. Ballance and D. M. Lucas, 10 April 2024, Physical Review Letters. DOI: 10.1103/PhysRevLett.132.150604

Funding for the research came from the UK Quantum Computing and Simulation (QCS) Hub, with scientists from the UK National Quantum Computing Centre, the Paris-Sorbonne University, the University of Edinburgh, and the University of Maryland, collaborating on the work.

See more here:
Guaranteeing Security and Privacy: New Quantum Breakthrough Could Benefit Millions of People - SciTechDaily

Read More..

Crossing the Quantum Threshold: The Path to 10,000 Qubits – HPCwire

Editors Note: Why do qubit count and quality matter? Whats the difference between physical qubits and logical qubits? Quantum computer vendors toss these terms and numbers around as indicators of the strengths of their systems. For seasoned quantum computing watchers, the rationale behind the claims are well-known and appreciated. However, there are many who are new to the quantum information science and for whom a qubit count/quality 101 backgrounder can be helpful. Heres a brief explanation from Yuval Boger of QuEra Computing. BTW, QuEra has a nice glossary of quantum terms on its website.

In recent months, several quantum companies have made roadmap announcements with plans to reach 10,000 physical qubits in the next five years or sooner. This is a dramatic increase from the current 20 to 300 qubits, especially given that several of these companies have yet to release their first product.

What makes 10,000 qubits such an important milestone, and what will quantum computers be capable of once that number is reached?

The effort to achieve 10,000 physical qubits in quantum computing is more than a mere pursuit of quantity; it embodies strategic milestones toward unlocking the full potential of quantum computation. Broadly speaking, 10,000 physical qubits allow for the practical realization of over 100 logical qubits, essential for performing longer, more complex computations with a lower chance of errors. Below, I explain the important distinction between physical and logical qubits, the significance of reaching and crossing the 100 logical qubit threshold, and the varied path different quantum computing implementations take to get there.

While increasing the number of qubits is good, increasing the qubit quality is even more important. One key attribute of good qubits is the error rates associated with single- and two-qubit operations and the lifetime of a qubit. The error rate indicates how often qubit operations are successful. These might be operations on single qubits, such as flipping a qubit, or operations on two qubits, such as entangling them. The state-of-the-art in two-qubit operations is approaching 99.9% success. While 99.9% might sound great, this success rate implies that about 1 in 1,000 operations fail. Thus, if an algorithm requires several thousands of two-qubit operations, it will likely produce incorrect results. Truly useful algorithms require millions of such operations.

While pursuing 10,000 physical qubits is critical, its imperative to acknowledge that effective quantum error correction is necessary since it is unlikely that physical qubit error rates will sufficiently improve to enable these longer, more complex algorithms. This is where logical qubits come in. Logical qubits are a collection of physical qubits that address this problem. By cleverly spreading the information from a single qubit across several qubits, detecting and correcting many errors becomes possible. The exact way to do so and the number of physical qubits that are required to create a good enough logical qubit is an active area of research, but depending on the desired error rate and the selected qubit technology, dozens, hundreds, or thousands of physical qubits will be required to create one good fault-tolerant logical qubit.

The transition from noisy, physical qubits to fault-tolerant, logical qubits is not merely technical; its transformative, marking the difference between quantum computing as an experimental curiosity and a practical technological powerhouse. The leap toward 10,000 physical qubits is intrinsically aimed at enabling the construction of a significant number of logical qubits, with 100 being a critical milestone for demonstrating practical quantum advantage in various computational tasks.

One reason reaching 100 logical qubits is significant is the simulation limit. When simulating quantum algorithms, classical computers face exponential growth in computational requirements. Todays most powerful supercomputers can simulate quantum algorithms with about 50 perfect qubits. This is called the simulation limit. Thus, the ability to run algorithms with 100 logical error-corrected qubits would enter an exciting era where quantum computers far exceed the computational capabilities of classical machines while also certifying that the calculation results are accurate. Achieving 100 logical qubits would signify the transition from theoretical or small-scale experimental quantum computing to practical, impactful applications, heralding a new era of computational capabilities.

Imagine a plane with a range of 20 miles. Useful? Not really. Now imagine a plane with a 1,000-mile range. That would be useful for short-haul flights but not for longer trips. A plane with a 10,000-mile range? This is useful for most applications. Similarly, a 100-logical-qubit quantum computer can provide real business value for some applications, such as optimization or machine learning. Larger problems, such as molecular simulations, still require many more logical qubits. Those may require 1,000 logical qubits, while 4,000 logical qubits are expected to be required to crack RSA-2048.

Multiple paths to 10,000 qubits

The journey to 10,000 qubits is navigated through diverse quantum computing technologies, each with unique challenges and advantages:

Each of these technologies is on a unique path to overcoming their respective challenges, with the collective goal of achieving the scale necessary for practical quantum computing.

In conclusion, the quantum computing industrys roadmap toward 10,000 physical qubits and thereby achieving over 100 logical qubits encapsulates both the challenges and the transformative potential of quantum computing. While the winning approach is yet to be determined, it appears that we are getting closer and closer to truly useful quantum computers.

Read more from the original source:
Crossing the Quantum Threshold: The Path to 10,000 Qubits - HPCwire

Read More..