Is Bitcoin ready for the quantum era? Read our report at: chaincode.com/bitcoin-post-q… @ClaraShik & @ozdeadman explore the threats posed by cryptographically relevant quantum computers (CRQCs) and outline a strategic path forward. Here are the key takeaways: 🧵👇
Experts project CRQCs to emerge by 2030–2035, so the report proposes a dual-track strategy to ensure preparedness: • A minimal contingency path (~2 years) for rapid response to unexpected breakthroughs • A comprehensive path (~7 years) to develop & refine optimal solutions
ECC-based signatures that expose the public key put an estimated 4–10 million BTC at risk. Current post-quantum signatures are significantly larger. However, since this is a rapidly evolving research topic, we expect improvements in reducing sizes in the near future.