August 12, 2025
5 min read
Christian Encila
Microsoft's recent unveiling of the Majorana 1 chip, designed to advance the development of scalable quantum computers, has sent ripples through the crypto community. Alongside progress updates from tech giants like Google and IBM, this development has ignited concerns about the potential impact on current cryptographic standards that secure digital assets. However, industry veterans like Graham Cooke, CEO of a prominent blockchain company, offer reassurance, famously stating, "Your wallet’s math is stronger than the fabric of spacetime itself."
Featured image from Getty Images, chart from TradingView
Source: Quantum Computers No Match For Bitcoin’s Math, Google Expert Says - NewsBTC
Majorana 1 and the Million-Qubit Ambition
Microsoft's Majorana 1 chip represents a significant stride towards building practical quantum computers. It utilizes a novel material known as a "topoconductor" and boasts an architecture aimed at stabilizing and scaling qubits, with the ultimate goal of creating million-qubit devices. These advanced machines are envisioned to tackle highly complex computational problems. The sheer scale of such quantum computing capabilities has naturally fueled anxieties within the cryptocurrency space, as quantum algorithms operate on fundamentally different principles than the classical mathematics that currently underpins cryptographic key security.Microsoft built a 1-million-qubit quantum computer.
Bitcoin holders are panicking—this could crack crypto encryption.
But your wallet’s math is stronger than the fabric of spacetime itself.
Your seed phrase has 340,000,000,000,000,000,000,000,000,000,000,000,000 combinations.
Here’s why quantum still can’t touch it: pic.twitter.com/kiI5oIXej1
— GC Cooke (@GCcookeHQ) August 11, 2025
Google’s Willow and IBM’s Roadmaps
Google's Willow chip has demonstrated remarkable computational power, reportedly solving a benchmark task in mere minutes that would typically take a classical supercomputer an estimated 10 septillion years. IBM has also outlined its quantum roadmap, detailing staged systems like Starling and Blue Jay, with the aim of progressively increasing logical qubits and enhancing error correction capabilities in the coming years. Despite these impressive advancements, experts consistently emphasize that these quantum computing milestones do not translate into an immediate threat to current cryptographic methods.Why Bitcoin Isn’t Facing a Quantum Panic
The consensus among experts is that breaking Bitcoin's elliptic-curve cryptography would require far more than just a large number of physical qubits. It would necessitate stable, error-corrected logical qubits and extensive operational run-times. Estimates suggest that a practical quantum attack on Bitcoin would require hundreds of thousands to millions of physical qubits, even after accounting for error correction overhead. Furthermore, the sheer magnitude of Bitcoin's keyspace offers robust protection. For instance, a standard 24-word seed phrase presents approximately 1077 possible combinations, a number astonishingly close to the estimated 1080 atoms in the observable universe.A 24-word seed phrase?
That’s 340 septillion trillion MORE combinations than a 12-word phrase.
We’re approaching 1077 possibilities – nearly as many as atoms in the observable universe (1080):
— GC Cooke (@GCcookeHQ) August 11, 2025
Seed Phrases and the Scale of Security
While the underlying mathematics of wallet security is a critical component, it is not the sole defense. The immense keyspace inherent in Bitcoin's cryptography, combined with the significant engineering hurdles in developing large-scale, fault-tolerant quantum computers, ensures that Bitcoin's current cryptographic methods remain resilient against foreseeable quantum threats.Featured image from Getty Images, chart from TradingView
Source: Quantum Computers No Match For Bitcoin’s Math, Google Expert Says - NewsBTC