Casa Co-founder: Bitcoin's resistance to quantum upgrades may face a 5-10 year time span challenge.

This article is machine translated
Show original

According to Odaily Odaily, Jameson Lopp, co-founder of Bitcoin custody company Casa, posted on social media that they have been publicly discussing the risks posed by quantum computing to Bitcoin for 18 months. His main conclusion is: "I sincerely hope that the development of quantum computing will stagnate or even decline, because adapting Bitcoin to the quantum-resistant era will be extremely difficult for many reasons. Quantum computers will not crack the Bitcoin network in the short term. However, a comprehensive overhaul of the Bitcoin network (and unprecedented fund migration) could take 5 to 10 years. We should have the best hopes, but also prepare for the worst."

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments