Joe Loppin warned that Bitcoin may face a "existential problem" in the future, referring to what is known as "Q Day" — the day when current cryptography could become vulnerable to being broken by quantum computers.
He said that concern about this scenario is "reasonable," even if we haven't reached it yet.
The main idea: • Current cryptography is secure today • But the development of quantum computing could change the equation • The question is not "if," but "when" — and whether it will be upgraded before then? A deep technical discussion... Touching on the very foundation of security in all decentralized networks
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Joe Loppin Warns of "Quantum Danger" to Bitcoin
Joe Loppin warned that Bitcoin may face a "existential problem" in the future, referring to what is known as "Q Day" — the day when current cryptography could become vulnerable to being broken by quantum computers.
He said that concern about this scenario is "reasonable," even if we haven't reached it yet.
The main idea:
• Current cryptography is secure today
• But the development of quantum computing could change the equation
• The question is not "if," but "when" — and whether it will be upgraded before then?
A deep technical discussion...
Touching on the very foundation of security in all decentralized networks
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