A quantum bit, or qubit, is the fundamental unit of quantum information, analogous to a classical bit but with the unique ability to exist in multiple states simultaneously due to quantum superposition. This property allows qubits to perform complex computations much more efficiently than traditional bits by enabling them to represent and process a vast amount of information concurrently. Moreover, qubits can be entangled, meaning the state of one qubit can depend on the state of another, even at a distance, which is crucial for quantum algorithms and computing architectures.
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