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⚛️ Goodbye to Blockchains! Google Launches ‘Quantum Ledger’ and Declares Current Blockchain Technology Obsolete ⚛️
Google has published a revolutionary whitepaper detailing its new "Quantum Ledger Technology" (QLT), a distributed ledger that uses quantum supremacy to provide near-instant transaction finality and performance that surpasses Bitcoin and Ethereum by millions. The announcement comes with a categorical statement that Proof-of-Work and Proof-of-Stake based Blockchain technology is now a "relic of pre-quantum computing".
Although QLT is not yet public, panic is sweeping through the crypto market: if a superior technology can replace BTC/ETH overnight, what is the long-term value of current assets?
#quantumcomputers #blockchain #INNOVATION #Ethereum #BinanceBlockchainWeek
🤯 Paradigm Shift! Is QLT the true existential threat to Bitcoin and Ethereum, or just a theoretical concept that will fail in practice? Would you sell your BTC/ETH if Google announced the launch date of QLT?
Google has published a revolutionary whitepaper detailing its new "Quantum Ledger Technology" (QLT), a distributed ledger that uses quantum supremacy to provide near-instant transaction finality and performance that surpasses Bitcoin and Ethereum by millions. The announcement comes with a categorical statement that Proof-of-Work and Proof-of-Stake based Blockchain technology is now a "relic of pre-quantum computing".
Although QLT is not yet public, panic is sweeping through the crypto market: if a superior technology can replace BTC/ETH overnight, what is the long-term value of current assets?
#quantumcomputers #blockchain #INNOVATION #Ethereum #BinanceBlockchainWeek
🤯 Paradigm Shift! Is QLT the true existential threat to Bitcoin and Ethereum, or just a theoretical concept that will fail in practice? Would you sell your BTC/ETH if Google announced the launch date of QLT?
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