The no-cloning theorem is a result of quantum mechanics that forbids the creation of identical copies of an arbitrary unknown quantum state.
The state of one system can be entangled with the state of another system. For instance, one can use the Controlled NOT gate and the Walsh-Hadamard gate to entangle two qubits. This is not cloning. No well-defined state can be attributed to a subsystem of an entangled state. Cloning is a process whose end result is a separable state with identical factors.
Consequences
The no-cloning theorem prevents us from using classical error correction techniques on quantum states. For example, we cannot create backup copies of a state in the middle of a quantum computation, and use them to correct subsequent errors. Error correction is vital for practical quantum computing, and for some time this was thought to be a fatal limitation. In 1995, Shor and Steane revived the prospects of quantum computing by independently devising the first quantum error correcting codes, which circumvent the no-cloning theorem.
The no cloning theorem prevents us from viewing the holographic principle for black holes as meaning we have two copies of information lying at the event horizon and the black hole interior simultaneously. This leads us to more radical interpretations like black hole complementarity.
— Wikipedia on No-cloning theorem
2012.04.01 Sunday ACHK