bitcoin's quantum issue

5 days ago
12

🚨 Bitcoin’s Quantum Countdown 🚨
Can quantum computers really break Bitcoin? This video dives into the critical threat that cryptographically relevant quantum computers (CRQCs) pose to Bitcoin’s security.

We’ll explore:
🔹 Why 20–50% of all Bitcoin could be vulnerable to theft through quantum attacks
🔹 How ECDSA & Schnorr signatures are at risk
🔹 The potential dangers of network instability & mining centralization
🔹 Post-quantum solutions like BIP-347 (Lamport signatures) and BIP-360 (quantum-resistant hash outputs)
🔹 The philosophical debate: burn vulnerable coins or let them be stolen?
🔹 A dual-track strategy: short-term (2 years) contingency + long-term (7 years) quantum resistance

Bitcoin’s future may depend on how quickly the community can adapt to this challenge.

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