Canadian quantum computing firm Photonic has emerged from stealth to raise $100 million for its all-silicon quantum computing platform. Among the investors is new partner Microsoft, who will co-develop quantum networking solutions with the startup. The investment and partnership come as numerous experts in the industry laud Photonic’s novel approach to quantum computing as a “breakthrough” for the field. We’re joining forces with @TeamPhotonic to enable future quantum networking over long distances—and to integrate Photonic’s scalable quantum computing offering into Azure Quantum Elements. Learn more: https://t.co/S8nTpNuEIY #AzureQuantum — Azure Quantum…
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Ethereum TPS boost? Starknet ‘Quantum Leap’ goes live
The much-anticipated Quantum Leap upgrade by layer-2 scaling protocol Starknet was recently deployed on the Ethereum mainnet, allowing for as much as 90 transactions per second (TPS), boosting the network’s speed. MOARRR TPS DADDY STARKNET MAINNET QUANTUM LEAP 0.12.0 LIVE ON MAINNET pic.twitter.com/RaI1XKcgy7 — Starknet (@Starknet) July 12, 2023 In an announcement sent to Cointelegraph, Uri Kolodny, the co-founder and CEO of StarkWare, said it’s a momentous day for the Ethereum blockchain, as the scaling ceiling has been “smashed.“ He explained that “high TPS is finally a reality on Ethereum…
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