Quantum ComputePrice

(SN48)

Quantum Compute, known by its token identifier SN48, is a Web3 project operating as a subnet within the Bittensor network. Its primary objective is to democratize access to quantum computing technology. Quantum Compute aims to establish an open marketplace where users can execute real quantum circuits on physical Quantum Processing Units (QPUs) and also on quantum simulators that are scaled to run on large high-performance computing (HPC) clusters. The project functions as the execution layer of qBitTensor Labs' quantum computing platform. It enables individuals and organizations, such as researchers and enterprises, to submit quantum computing tasks, which are then processed and solved within its decentralized network. This system bridges the divide between classical and quantum computing resources. Miners within SN48 compete to perform these submitted quantum circuits, either through simulation on conventional hardware or by leveraging actual quantum processors when available. The ultimate goal of Quantum Compute is to transform quantum computing into a widely accessible, on-demand utility, moving it beyond the confines of specialized labs or large technology companies. Quantum Compute works in conjunction with another Bittensor subnet, Quantum Innovate (SN63). In this collaborative structure, SN63 focuses on generating and benchmarking quantum circuits, acting as a fidelity lab. In contrast, SN48 serves as the execution layer, where these quantum computations are actually performed and delivered to end-users. Together, these two subnets form what their creators refer to as the "Open Quantum" platform. The platform incorporates the Quantum Rings SDK, a technology recognized for its high accuracy on Google's quantum supremacy benchmarks, which helps ensure reliable results even when physical quantum computers are not directly involved. Potential applications for Quantum Compute span various fields, including quantum finance for optimizing portfolios and simulating markets, quantum chemistry for accelerating drug discovery and material science, and quantum cryptography for developing and testing advanced encryption algorithms. The long-term vision for Quantum Compute is to develop into a comprehensive, decentralized platform for quantum computing. To simplify user interaction, a brand called "Open Quantum" is being developed to operate on top of SN48, abstracting the underlying cryptocurrency aspects to make the service more approachable for quantum researchers, students, and corporate users. Learn more

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