Casa Co-Founder: Bitcoin's Quantum-Resistant Upgrade May Face a 5–10 Year Timeframe Challenge
According to Odaily, Jameson Lopp, co-founder of bitcoin custody company Casa, stated on social media that the risks posed by quantum computing to bitcoin have been publicly discussed for 18 months. The main conclusion at present is: "I sincerely hope that the development of quantum computing will stagnate or even regress, because adapting bitcoin for the post-quantum era will be extremely challenging for many reasons. Quantum computers will not break the bitcoin network in the short term. However, a comprehensive overhaul of the bitcoin network (as well as an unprecedented migration of funds) could take 5 to 10 years. We should hope for the best, but also prepare for the worst."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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