Bitcoin Core Developer Responds to "Quantum Threat": Short-Term No Concern, Relevant Changes Would Take 5 to 10 Years

BlockBeats News, December 22nd, Bitcoin Core developer and co-founder of cryptocurrency custody company Casa, Jameson Lopp, stated, "Quantum computers will not disrupt Bitcoin in the short term. We will continue to monitor their development. However, thoughtful modifications to the protocol (and unprecedented fund transfers) may take 5 to 10 years. We should hope for the best but also prepare for the worst."

Last Saturday, smart contract pioneer and co-founder of Castle Island Ventures, Nic Carter, released a long article stating that quantum computing is only facing "engineering challenges" to break Bitcoin, and 1.7 million Bitcoins are at risk of being attacked. This statement sparked community discussion.

Blockstream CEO Adam Back criticized Castle Island Ventures founding partner Nic Carter for exaggerating people's concerns about the potential threat of quantum computing to Bitcoin. Bitcoin expert Pledditor then stated Nic Carter is deliberately creating anxiety; his fund has invested in a startup that sells tools to transition the blockchain to be quantum attack-resistant.