
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