How far are quantum threats? Bitcoin developers say standards will need to migrate in 5-10 years.

Question

[Coin World] Bitcoin core developer Jameson Lopp recently put forward an interesting point - upgrading Bitcoin to post-Quantum standards will take 5 to 10 years. However, he also made it clear that at this stage, Quantum Computers do not pose a substantial threat to Bitcoin, so there is no need for everyone to panic.

However, the community has differing views on this matter. Some investors are concerned that quantum threats will affect the price trends of Bitcoin, while others are actively promoting the adoption of related security proposals by node operators, aiming to prepare defenses in advance.

This reflects a common phenomenon in the Web3 community - there is always a time lag between conservatives and relatively optimistic developers in assessing technological risks. In the short term, it is indeed not a problem, but the long-term upgrade of security architecture is also worth serious consideration. The key is still to find a balance between preventing future threats and avoiding overreactions.

CryptoGoldmine · Accepted Answer

The 5-10 year iteration cycle is actually quite reasonable, as the technological upgrades of the computing network follow this pace.

The hype around quantum threats is currently exaggerated; from a short-term ROI perspective, there's no need to worry.

The key still depends on the adoption rate of nodes. I'm more concerned about the change in the computing power profit ratio before and after hard forks.

Instead of panicking about quantum, it's better to focus on the opportunities during the current difficulty adjustment cycle, as this is the real strategic point.

True risk prevention has never been achieved overnight. Lopp's timeline shows that developers are very clear about the rhythm.

DecentralizedElder · Answer

Taking 5-10 years to act, this timeline is a bit too relaxed. If we don't make moves now, it will be more troublesome to change things later.

LiquidationWatcher · Answer

5-10 years is still a bit tight; quantum issues should be taken seriously now.

GateUser-7b078580 · Answer

5 to 10 years? According to the hourly statistics, we can&#39;t wait at all, the Miner is eating too much... let&#39;s wait and see.

faded_wojak.eth · Answer

5-10 years to get it done? Forget it, by then the Quantum Computer will have already knocked on the door.

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No need to panic, investors have already panicked, haha.

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This is the norm in the crypto world, the developers say it&#39;s fine, but retail investors are already betting on the next black swan.

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The post-quantum standard upgrade is much more complex than expected, don’t be too optimistic.

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The timeline of core developers is never accurate, everyone should prepare mentally.

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The key question is who will foot the bill, the upgrade costs are so high.

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Wait a minute, the progress of Quantum Computing is so fast, 5 years might not be enough.

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I feel like it&#39;s still too early to discuss this matter, it&#39;s not too late to talk when the real threat comes.

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I understand the anxiety of conservatives, but this is indeed not a problem for the near term.

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Such risk plans need to be prepared in advance, don’t wait until something really happens.

SchrodingerWallet · Answer

Haha, it&#39;s the same old trap again, waiting 5 to 10 years to take action? By then, the flowers will have wilted.

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To be honest, those who are not anxious now are all holding large amounts in Cold Wallets; can retail investors not be worried?

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The quantum threat is just like Y2K, everyone keeps shouting but it never comes, but when it does, it&#39;s game over.

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Developers are being a bit overly optimistic; it&#39;s best to defend against such things as early as possible.

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Why do we always have to wait for problems to explode before upgrading? I really can&#39;t understand this logic.

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Instead of getting hung up on whether it&#39;s 5 years or 10 years, it&#39;s better to follow who will be the first to do a Rug Pull.

TokenStorm · Answer

Are they really going to wait 5-10 years to take action? I bet this group has already been secretly accumulating quantum-resistant assets.

HashBrownies · Answer

5 to 10 years? Will my coin still be around by then haha

GateUser-0717ab66 · Answer

It&#39;s still early in 5-10 years, why be anxious about it now?

How far are quantum threats? Bitcoin developers say standards will need to migrate in 5-10 years.

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