Solana co-founder Anatoly Yakovenko warned that Bitcoin needs to upgrade to a quantum-resistant signature scheme before 2030, or breakthroughs in quantum computing could render current security mechanisms ineffective. He stated that there is a 50% chance that quantum computers will be able to crack Bitcoin's private keys in the next five years. This move would need to be implemented through a hard fork, a complex process that requires broad consensus. However, the CEO of a certain trading platform and Bitcoin core developer Peter...
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Solana co-founder Anatoly Yakovenko warned that Bitcoin needs to upgrade to a quantum-resistant signature scheme before 2030, or breakthroughs in quantum computing could render current security mechanisms ineffective. He stated that there is a 50% chance that quantum computers will be able to crack Bitcoin's private keys in the next five years. This move would need to be implemented through a hard fork, a complex process that requires broad consensus. However, the CEO of a certain trading platform and Bitcoin core developer Peter...