Co-author of BIP-360: Bitcoin May Take 7 Years to Upgrade to Post-Quantum Era

Crypto News: On February 18, it was reported that Ethan Heilman, co-author of Bitcoin Improvement Proposal BIP-360, stated that if the migration starts tomorrow, it is expected to take seven years for the Bitcoin network to fully achieve quantum resistance. This prediction is based on an optimistic scenario where all parties reach consensus on the roadmap. Heilman estimates that the proposal itself will require two and a half years for code review and testing, followed by six months for activation. After that, wallets, custodians, Lightning Network nodes, and fund management software will need several years to upgrade. "In an optimistic scenario, 90% of participants will have completed the update five years after activation. The greater the threat perception, the faster the process," he emphasized. He also noted that if there is a breakthrough in quantum computing, the timeline could be significantly accelerated, but overall, it remains a challenging task. $BTC ‌Shorting