According to CoinMeta, Google announced that its quantum team has successfully overcome a major bottleneck in quantum computing in a new study, reducing the error rate by about 40 times using a technique called magic state cultivation. This technology has been implemented on Google’s quantum processors, indicating that the cost of building quantum computers will be significantly reduced, which will promote their application in fields such as drug design and new material development. Google stated that the success of magic state cultivation technology will make quantum computers more feasible for practical use and may have an impact on encryption technology in the future.