Migrating Bitcoin to post-quantum may 'easily' take 5-10 years: Crypto exec
Migrating Bitcoin to post-quantum standards could easily take 5 to 10 years due to its decentralized nature, according to Jameson Lopp.Summary
Jameson Lopp, Bitcoin core developer and co-founder of Casa, stated that migrating Bitcoin (BTC) to post-quantum standards will likely take 5 to 10 years, emphasizing that the decentralized consensus model makes protocol upgrades more challenging than in centralized systems. Lopp agreed with Adam Back of Blockstream that there is no immediate threat from quantum computers. This timeline contrasts with warnings from some venture capitalists who view the quantum threat as imminent and suggest the protocol must be quantum-ready by 2028 to avoid price dips. Meanwhile, Bitcoin maximalists argue that attacking Bitcoin with quantum computers would be prohibitively expensive, potentially requiring government subsidy, and that current quantum capabilities are insufficient to break existing security.
(Source：Cointelegraph)