The biggest risk for Bitcoin (BTC) in the event of a breakthrough in quantum computing is the potential adaptation window that will become resistant, written by Matt Sigel, Vaneck’s head of digital assets research Posted on June 2nd x.
He said banks, tech platforms and other blockchains face the same cryptographic weaknesses as Bitcoin in the context of post-Quantum computing. However, most people can patch the servers by removing the National Laboratory of National Standards and Technology Processes.
Sigel pointed out that custodians, exchanges, and even Ethereum (ETH) could introduce lattice-based signature schemes behind the scenes. Central control allows you to rotate keys and roll out patches without community input. Bitcoin doesn’t have that lever.
“Window of Uncertainty”
Despite believing in Bitcoin’s ability to adapt over the long term, Sigel emphasized that miners, node operators and wallet providers should decide to run the code deployed by the core developers.
That adjustment, as seen in segwit and taproot, spans historically years. “Upgrades need to be carefully adjusted across the community,” Sigel wrote, adding that while some users have already tested their wallets on a four-sided level, there is no broad agreement.
As full-scale quantum hardware can arrive with most warnings, Sigel identifies the major danger as the period between the initial reliable demonstration and the entire Bitcoin network transition to a new signature scheme.
He warned:
“Even a single famous theft can cause market volatility and scrambling.”
Analysts have launched UCITS ETF, a quantum technology that tracks hardware and software vendors, with Vanek starting research into quantum computing stocks with one of its internal funds.
Additionally, Sigel mentioned Elon Musk’s. Recent announcements That x has “Bitcoin-level encryption.”
Sigel writes that Musk may refer to Bitcoin Improvement Proposals 151 and 324 that encrypt peer-to-peer traffic but not modify signature mathematics. He said the statement indicates that Bitcoin’s current model is still considered strong until quantum machines exceed the threshold.
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