Quantum threats are not for tomorrow, but migration plans need to start being discussed today—don’t let the community wait until it’s an emergency, with fire burning at their eyebrows.

View Original
WuSaidBlockchainW
The cryptography advisory committee convened by Coinbase believes that quantum computers currently do not pose an immediate threat to blockchain, but the Bitcoin community should begin planning for post-quantum signature migration. Reports indicate that approximately 6.7 million BTC may face future quantum attack risks, with about 1.7 million of those located at early addresses, many of which are believed to be associated with Satoshi Nakamoto or lost private keys. The current controversy centers on whether assets at vulnerable addresses that have not migrated to quantum-resistant signatures should be frozen or restricted in the future. However, the committee declined to choose a single optimal solution, stating that the relevant decisions should be made by the Bitcoin community, but preparations for the technical migration to post-quantum signatures should begin as early as possible. (CoinDesk)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned