Security· ★★★· neutral·

VanEck: crypto community aware of quantum risk to bitcoin

  • VanEck calls quantum computing a risk to bitcoin's cryptography
  • Sigel: the community has acknowledged the problem and united developers
  • Upgrades are slowed by the lack of a single governing center
  • Coinbase and Blockstream are already working on post-quantum solutions
Why it matters: The quantum threat to bitcoin affects long-term risk assessments and could accelerate development of post-quantum standards for the network.
Source: Bitcoin Magazine