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Google's Willow quantum chip cuts errors 40-fold, advancing threat to Bitcoin wallet security.

Market News
16 Oct 2026
Coindesk
View Source
Neutral
Google's Willow quantum chip cuts errors 40-fold, advancing threat to Bitcoin wallet security.

Google's new Willow quantum chip significantly reduces errors in preparing 'magic states,' a crucial step in quantum computing that could eventually break Bitcoin wallet security. The chip achieves about 99.99% fidelity in these states but only succeeds in about 8% of attempts, highlighting ongoing challenges in scaling. This breakthrough improves the efficiency of quantum attacks by reducing hardware bottlenecks, though it does not directly make Bitcoin attacks 40 times cheaper. The development is important as older Bitcoin wallets with exposed public keys remain vulnerable to future quantum attacks, emphasizing the need for stronger cryptographic protections.

Regarding Google's new Willow quantum chip breakthrough, here is Pluang's market snapshot as of Oct 17, 2026 09:21 WIB: Among 50 major cryptocurrencies priced on Pluang, 13 rose and 36 fell today. Notable movers include XRP at Rp23.381 with a 1-day change of -2.05% and a Pluang order activity split of 57% Sell to 43% Buy, FTM at Rp11.382 down 2.05%, and UNI at Rp130.503 down 1.99% with a 34% Sell / 66% Buy order activity. The most notable figure is the typical hold time on Pluang for FTM at 87 days.

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