Bitcoin may face a new challenge related to the future of quantum computing. According to Casa co-founder and Bitcoin expert Jameson Lopp, quantum computers could pose a risk to Bitcoin's cryptographic system in the long term. This discussion has been ongoing for the past 18 months, where experts suggest that if quantum technology develops very rapidly, significant technical changes may be needed to make the Bitcoin network quantum-resistant.
Jameson Lopp clarified that there is no immediate threat to Bitcoin in the short term. However, if quantum computers become practical in the future, upgrading the Bitcoin network, migrating wallets, and securing funds will be a very lengthy process that could take 5 to 10 years. This process will require large-scale coordination and unprecedented fund migration.
Experts believe that the Bitcoin community does not need to panic right now, but preparation is essential. Bitcoin developers and the ecosystem should continue research and planning with future risks in mind to ensure long-term security.
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