Odaily Planet Daily reported that Shaw stated on the X platform that there is a huge gap between the actual progress of quantum computing and media hype and public perception. Although the field is making progress, quantum computers will not achieve their claimed capabilities within the next 40 to 50 years. Regarding hash functions like SHA-256, even with the most ideal application of Grover’s algorithm, the search space can only be reduced from 2^256 to 2^128, and 2^128 remains physically unbreakable. Shaw pointed out that the most advanced quantum computers today cannot even factor the number 21 into 3 and 7 without prior knowledge of the result. To crack Bitcoin, quantum computers would need to perform repeated calculations on the real-time network within a few minutes, a leap in capability far beyond the progress from 1950s computers to modern server clusters. Modern cryptography was designed with foresight of future computing power growth. Currently, fears or hype about quantum computing lack factual basis.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Whale Opens $27.4M Leveraged Long Position with 10x Multiplier
Gate News message, April 22 — A major Bitcoin whale, identified by address 0xa3d843b6a057504284006bef6f34a2e9bc80fb6b, opened a 10x leveraged long position early this morning, according to Hyperinsight monitoring. The position is currently worth $27.4 million at an average entry price of $76,272,
GateNews4m ago
Bitcoin Breaks $78K with 2.85% Daily Gain
Gate News message, April 22 — Bitcoin broke through $78,000 today, posting a 2.85% gain over the 24-hour period.
GateNews13m ago
Bitcoin Jumps 2.7% on Market Optimism Over Trump's Iran Ceasefire Extension
Gate News message, April 22 — Bitcoin surged 2.7% on Wednesday after President Donald Trump announced an extension of the ceasefire with Iran, boosting market confidence. The cryptocurrency traded around $77,500 at 1 p.m. Singapore time, marking its highest price since Friday when it touched a two-m
GateNews15m ago
BTC breaks through 78000 USDT
Gate News bot message, Gate market data shows that BTC has broken through 78000 USDT, current price is 78000 USDT.
CryptoRadar16m ago
Gate launches the "Compute Power Goes Ballistic" campaign: complete tasks to unlock mystery boxes and win a Mac Studio M3 Ultra; USDT wealth management offers 6% APY; BTC/ETH/SOL staking up to 16% APY
Gate News message, according to the Gate official announcement on April 22, 2026, the platform has launched a "Compute Power Goes Ballistic" themed campaign.
During the campaign (from 14:00 on April 22 to 16:00 on April 26, UTC+8), users can complete multiple tasks to unlock the chance to open mystery boxes. Prizes include Mac Studio M3 Ultra, RTX 5090 GPU, XPIN tokens, lucky draw gift bags, and more, using a 100% guaranteed win model. The tasks cover multiple scenarios such as instant exchange trading, spot trading, derivatives trading, deposits, invitations, and VIP upgrades, with different tasks corresponding to different numbers of mystery box openings.
At the same time, the platform has introduced interim wealth-management products: USDT 14-day fixed-term wealth management with an annualized return of 6%. You can apply with a net deposit of ≥ 1,000 USDT, with a personal limit of 20,000 USDT. For on-chain earnings, staking BTC, ETH, and SOL can receive up to a 7.5% boost, with staked SOL reaching up to 16% annualized returns. In addition, new and existing users can also participate in multi-asset wealth-management products such as ETH, USDD, XAUT, AIA, SWCH, 0G, and APT, with some products offering annualized returns exceeding 100%.
GateAnnouncement1h ago
Bitcoin Liquidation Data: $1.676B in Long Positions if BTC Falls Below $73,721; $883M in Shorts if BTC Breaks $80,768
Gate News: If Bitcoin dips below $73,721, long liquidations on major CEXs could total $1.676B; if BTC climbs above $80,768, short liquidations could reach $883M.
Abstract: This brief notes potential liquidations on major CEXs triggered by BTC price moves: $1.676B in longs below $73,721 and $883M in shorts above $80,768.
GateNews1h ago