Security· ★★★· neutral·

Experts split on 'Q-Day' timeline, from early 2030s to decades away

  • —Lopp: gap between Google's 105-qubit Willow and the 500,000 qubits needed exceeds 4,700x
  • —Gogioso: secp256k1 could be broken within one block time of about 10 minutes
  • —About 2.6M BTC at risk in P2PK outputs, reused addresses and Taproot
  • —Chaincode Labs estimates a network-wide migration would take 5 to 15 years
Why it matters: Bitcoin has no agreed migration schedule, and the protocol's slow governance may prove the biggest obstacle.
Source: Coinkolik