Security· ★★★· neutral·

VanEck: Bitcoin has technical solutions to the quantum threat

  • —Sigel acknowledged the quantum threat but noted Bitcoin has no CEO and decisions are made by consensus
  • —Quantum-resistant signatures are already being tested in sidechains, with Coinbase and Blockstream developing solutions
  • —A consortium with BlackRock, Fidelity, and Block funds BIP-360 to protect against quantum attacks
  • —No quantum computer currently exists that can break Bitcoin's encryption
Why it matters: The quantum threat is a long-term risk for BTC holders, but the lack of centralized governance slows the transition to quantum-resistant standards.
#BTC
Source: Digital Today
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