Microsoft and Atom Computing, a technology firm based in California, recently announced a breakthrough in quantum computing that could pave the way for a proof-of-work transformation in the world of blockchain mining. Scientists and engineers from the two companies developed a quantum computing system made up of 24 entangled logical qubits produced by just 80 physical qubits — a feat that sets a new record for the highest number of entangled logical qubits achieved using error correction techniques. The significance of this scientific breakthrough is in the teams’ achieved efficiency. Previous estimates have indicated that it could take thousands of physical qubits working in tandem to produce a single logical qubit. By entangling 24 logical qubits built with a mere 80 qubits total, the frame of reference for both how large these systems can feasibly be scaled, and how soon companies such as Microsoft and Atom Computing will be able to scale them, has shifted significantly.

Full report : Microsoft and Atom Computing developed a new hardware that could ultimately host a theoretical algorithm with the potential to transform proof-of-work.