Quantum computing cracking Bitcoin, is there only one last hurdle left?
📢 Major warning: Quantum computing may be just a layer of window paper away from breaking Bitcoin. This is not science fiction; it comes from the assessment of renowned quantum theorist and scholar Scott Aaronson—this is no longer a physical challenge, but an 'extremely difficult engineering problem'.
What does it mean? It means that the theoretical obstacles have basically been cleared, and the countdown to breaking Bitcoin's cryptographic defenses may have quietly begun.
Bitcoin is certainly not sitting idly by. The community can soft fork to upgrade to 'quantum-resistant' signatures, but this process is extremely complicated: selecting a plan, coordinating the fork, migrating tens of millions of addresses... It probably won't be resolved in less than ten years.
Even more fatal is the 'historical burden'. About 1.7 million Bitcoins are lying in addresses that have long been abandoned, and their owners may have vanished. Even if the entire network upgrades, these coins cannot be actively transferred and will forever be exposed to the guns of quantum attacks, like a time bomb.
This pushes Bitcoin towards an unprecedented ethical and technological cliff: should we collectively agree to 'confiscate' these 1.7 million unclaimed Bitcoins to prevent future troubles?
Time may not be as ample as we think. Should we prepare for the worst or remain optimistic to the end? If you are a holder, what would you choose? Let's discuss your views in the comments. $BTC
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