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Bitcoin Foundation

IBM Claims ‘Quantum Advantage’ — Commercial Breakthrough Expected by 2028, Bitcoin Not Ready for Threat

We break down the development of quantum technology and how it could affect the crypto industry — and bitcoin in particular.

IBM has demonstrated “trusted quantum advantage“–a 70-logical-qubit computer performed a calculation beyond classical methods and provided statistical confirmation of the result’s accuracy.

IBM CEO Arvind Krishna told CNBC that quantum computing will start impacting revenue in 2028–2029, and the technology could create $1 trillion in value by the late 2030s.

Hot topic: Strategy May Sell More Bitcoin to Pay Dividends as Cash Takes Priority IBM’s experiment used a new error correction method to perform 2,415 logical two-qubit operations in 15 minutes, reducing the logical error rate to about one-tenth of the physical level.

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

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