Google has made a fresh announcement regarding quantum computing, reigniting fears about the future security of crypto assets like Bitcoin and Ethereum.

CEO Sundar Pichai revealed that Google’s Quantum AI team has made a breakthrough in what’s called “magic state cultivation” on their Willow quantum computer.

The findings, which were published in the scientific journal Science, revealed that they reduced errors by a factor of 40 compared to preparing quantum states without the new method.

Also, they’ve achieved a record logical fidelity of 99.99% for specialized quantum states called T-states.

Google has stated that this breakthrough is a major step towards creating high-power, error-corrected quantum computers that can do things that are…