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D-WAVE CEO: QUANTUM COMPUTING WILL BREAK THE BITCOIN PROTOCOL

@yahoofinance

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D-Wave

Why it worked

The video leverages a timely and potentially alarming topic (quantum computing breaking Bitcoin) to capture attention. By featuring the CEO of a quantum computing company, it lends authority to the discussion, while the mention of a more energy-efficient solution offers a potential positive spin.

Summary

The CEO of D-Wave discusses how quantum computing will eventually break the Bitcoin protocol. He explains that D-Wave is developing a new, quantum-safe proof-of-work architecture that is significantly more energy-efficient than current methods.

Structure

1Quantum computing will break Bitcoin's proof-of-work protocol.
2The timeline for this is unclear, requiring scaled and fault-tolerant systems.
3D-Wave is developing a different, quantum-safe proof-of-work architecture.
4This new architecture is more energy-efficient and could reduce electricity consumption by 1000x.

Product placement

The video features Alan Baratz, CEO of D-Wave, discussing quantum computing and its implications for Bitcoin. D-Wave is presented as a company developing a new, quantum-safe proof-of-work architecture.

On-screen text

yahoo/finance D-WAVE CEO: QUANTUM COMPUTING WILL BREAK THE BITCOIN PROTOCOL At some point, quantum computing will break proof-of-work protocol, that's clear. Alan Baratz D-Wave CEO that will take is less clear. We need to get these scaled, error corrected, fault tolerant gate model systems before able to do that. But at D-Wave we're doing bit different. What we've done is we've been able a new quantum a new quantum proof of work. So what's about this proof of work architecture is that it is quantum safe. So you don't about quantum the road. very energy efficient. In fact, if bitcoin mining today protocol, we'd be consuming about 1000x less electricity.