This really is a real breakthrough in quantum computing. Specifically for an approach called 'quantum annealing' which is one of many (there is at least one other) possible approaches to quantum computing.
This result is a breakthrough in two ways.
1: It demonstrates real quantum effects in the D-Wave computer. It had been hotly debated, by experts in quantum computing, whether the D-Wave actually used quantum effects in its computations. 2: It shows a real speedup for a very specific instance of a very specific algorithm. This is great news, and a very good result, for the people working on the D-Wave.
This is just a news story because
1: The D-Wave is much, 100 million times!, faster than the same algorithm running on a conventional computer. But there are algorithms you can run on a conventional computer which are equivalent (If someone could clarify how equivalent they are that would be great) which are as fast as the D-Wave. So they chose an algorithm which is good for the D-Wave and terrible on a classical computer. 2: The problem instance they chose is very artificial and it isn't clear that the speed up wouldn't disappear if they tried to run actual real world instances of the problem.
I would conclude that this is a great result. It increases the understanding of quantum computing. That is very exciting. The D-Wave doesn't appear to be practically useful. Yet.
(I am not even the beginning of an expert in this, everything I wrote above comes from the link below)
In principal, even if the hardware only supports one algorithm, this could tell us something about whether quantum computers are really better than normal computers. Unfortunately the D-Wave machine/algorithm is still not much better than simply simulating a quantum machine in normal hardware (Quantum Monte Carlo) and worse than the conventional algorithm by Alex Selby.
It's interesting, but it still doesn't shed much light on the important questions.
Note: One could also compare to performance of single machine with CPU's, GPU's, FPGA's, and/or ASIC's to be more fair. Just needs to be optimal, classical implementation on HW designed for it vs optimal use of D-Wave.
Although if you are working with an Event-Sourced architecture you may as well just implement with OTS (One-Time Signature) chains.
and also more importantly here https://news.ycombinator.com/item?id=10707442
TL;DR: Google researchers demonstrated that DWAVE2X quantum annealing against one classical (i.e. normal computer) algorithm (on one CPU core) - simulated annealing, was asymptotically (i.e. more than just by constant factor) better, but was not against another classical algorithm quantum monte carlo (QMC) that is, the difference was constant. In fact, it was 10^8 times faster and that is generating all the hype.
Now, it was mentioned in the paper that Selby algorithm on classical computer would actually produce better results than DWAVE2X but it was not compared against it (maybe because it would minuscule the amazing 10^8 times difference).
Also it is worth mentioning that special solutions in silicon (ASIC) are demonstrated to produce about 10^6 faster results compared against the same algorithm on a single CPU core (it does not follow that such speed up is possible for every classical solution).
Quantum computers (the real kind) are still impractical. People are still working hard to make them bigger, but this still gets harder and harder as the computer size increase. And people still don't know if that's an inherent difficulty of the problem, of if some breakthrough will suddenly make quantum computers easy to make.
Or, in other words, there's no visible change for people that is not closely following the area.
The Google/D-Wave stuff is largely without substance, but makes for nice, breathless media reports. See http://www.scottaaronson.com/blog/?p=2555 for an explanation of the latest report.
This should help: http://news.mit.edu/2015/3q-scott-aaronson-google-quantum-co...
https://hn.algolia.com/?query=quantum%20google&sort=byPopula...
I would expect, of all places, people on HN to be smart enough to help me understand these news stories. I have no idea what quantum blahblah really means and want to know if this is a real breakthrough or just a news story.