Nvidia does not want to bet everything on its processors, the company began investing in artificial intelligence before the famous current bubble was created. Jensen Huang’s company has followed the same strategy in quantum computing.
Théau Peronnin, CEO of A&B, collaborates with Nvidia on quantum computing. The businessman is more than optimistic with the forecasts of the largest chip producer in the world. Supercomputers are going to surpass all imagined limits in less than five years.
Quantum computers will break Bitcoin security
Peronnin has discovered Nvidia’s true potential after working closely with the chip giant. A&B CEO confirms that quantum computers should be powerful enough to break Bitcoin security barriers.
Supercomputers will be able to solve the mining mechanism in a matter of seconds or guess wallet passwords using brute force techniques. Théau Peronnin has confirmed that the year 2030 will be a before and after.
Quantum technology is not yet a threat to cryptocurrencies at the moment, it is not that developed yet. Peronnin comments to Fortune during the Lisbon Web Summit that that moment could be very close.
A&B collaborates with Nvidia with a capital of nearly 150 million dollars to develop a quantum computing system that protects users from these failures. Jensen Huang’s company could once again get ahead of its competitors.
More security in quantum computing
Quantum computing is much more complex than classical computing with circuits that operate similar to open or closed doors, a 1 or a 0. Supercomputers use a state of physics known as “quantum uncertainty.”
Atoms can exist as matter and energy at the same time, quantum computers translate this to 1 and 0. The problem is the extreme ease with which the environment can change its stability leading to errors.
A&B aims to solve this problem from the hardware. “The main goal of this approach is to incorporate the first layer of error corrections directly into the design of the quantum bit itself, the most elementary level of the machine, which drastically simplifies the entire system up to 200 times,” Peronnin confirms during the event.
Jensen Huang’s company will be the first company to test this system called «Graphene», which is expected to be available in 2030. The CEO of A&B confirms that at the moment they are «collaborating closely to create the framework for developers.»
A&B aims to anticipate the moment when quantum computers can decipher cryptocurrency encryption. “You have a few good years ahead of you, but I wouldn’t keep my Bitcoin,” says Peronnin.