a16z: Inefficient governance and dormant tokens pose greater quantum threats to BTC

ChainCatcher reported that a16z stated in its latest article on quantum attacks that bitcoin is facing the challenge of two major real-world issues, making the transition to quantum-resistant digital signatures increasingly urgent.

The first is the issue of governance efficiency: bitcoin's upgrade process is extremely slow. If the community cannot reach consensus on solutions, any controversial topic could trigger a destructive hard fork. The second is the issue of migration initiative: the transition of bitcoin to quantum-resistant signatures cannot be completed passively; holders must actively migrate their assets. This means that a large number of dormant bitcoins, which are vulnerable to quantum attacks, will lose protection. It is estimated that the number of such bitcoins, vulnerable to quantum attacks and potentially abandoned, reaches several million, with a current market value of tens of billions of US dollars.