12-17-2024, 12:25 PM
(12-17-2024, 11:48 AM)HarleyDog Wrote: Does anyone know about quantum computing? What does the future hold? From an investment standpoint, I was doing a little research today and discovered QUBT is up over 40% today.
Classical computing uses a resource called bits (1s and 0s) to solve problems. Quantum computing uses qubits, and these qubits use quantum mechanics to allow themselves to be both a 1 and 0 at the same time. Technically, it's a sliding scale where they are some part 1 and some part 0. They do this via superposition. Due to this, quantum computers are able to work on problems in a parallel manner and are able to try many different solutions at the same time. Problems that can take a classical computer billions and billions of years to solve, a quantum computer can solve in seconds or minutes. Right now, their use case is rather limited as their superiority to classical computers is narrow in scope. Think of things like cryptography.