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Bitcoin’s Quantum Problem Is Really a Governance Crisis in Disguise: UTXO

Bitcoin Magazine
Bitcoin faces a potential quantum computing threat, but the primary challenge is achieving the community governance necessary to implement technical solutions in time.

Summary

While quantum computing poses a theoretical risk to Bitcoin's elliptic curve cryptography, experts like Guillaume Girard argue that the true challenge is political rather than technical. Proposals like BIP-360 and BIP-361 aim to transition the network to quantum-resistant standards, but they require broad social consensus. The urgency is compounded by the entry of institutional investors, who may force accelerated decision-making if they perceive the current governance process to be too slow to protect their assets.

(Source:Bitcoin Magazine)