Qubit
In quantum computing, a qubit () or quantum bit (sometimes qbit) is the basic unit of quantum information—the quantum version of the classical binary bit physically realized with a two-state device. A qubit is a two-state (or two-level) quantum-mechanical system, one of the simplest quantum systems displaying the peculiarity of quantum mechanics. Examples include: the spin of the electron in which the two levels can be taken as spin up and spin down; or the polarization of a single photon in which the two states can be taken to be the vertical polarization and the horizontal polarization. In a classical system, a bit would have to be in one state or the other. However, quantum mechanics allows the qubit to be in a coherent superposition of both states/levels simultaneously, a property which is fundamental to quantum mechanics and quantum computing.
Flux qubit
The flux qubit is distinguished from other types of superconducting qubit such as the charge qubit or phase qubit by the coupling energy and charging energy of its junctions. In the charge qubit regime the charging energy of the junctions dominates the coupling energy, while in a flux qubit the situation is reversed and the coupling energy dominates. Typically in a flux qubit the coupling energy is 10-100 times greater than the charging energy. It is this ratio that allows the Cooper pairs to flow continuously around the loop, rather than tunnel discretely across the junctions as in a charge qubit.