Summary
- It said it could take at least 5-10 years to transition Bitcoin (BTC)'s cryptographic system to a post-quantum standard.
- Jameson Lopp added that quantum computers will not pose a threat to Bitcoin in the near term.
- It reported that there is a growing divergence of views within the community on the threat of quantum computing.
It was forecast that it could take at least 5-10 years to transition Bitcoin (BTC)'s cryptographic system to a post-quantum standard.
On the 22nd (local time), according to Cointelegraph, Jameson Lopp, a Bitcoin Core developer and co-founder of custody firm Casa, said, "Quantum computers will not collapse Bitcoin in the near term," but added, "It could take at least 5-10 years for post-quantum level technology to be realized."
Lopp earlier said he agreed with the view of Adam Back, CEO of Blockstream, and added that the development of quantum computing technology should be continuously monitored. He emphasized, "Expect the best but prepare for the worst."
Debate around quantum computing continues within the Bitcoin community. The divide is increasingly clear between some Bitcoin maximalists who call for a cautious approach and the venture capital (VC) camp that sees the threat possibly materializing faster than expected.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
