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Bitcoin Core developers respond to "quantum attack threat": no short-term worries, corresponding changes will take 5 to 10 years.
On December 22, Bitcoin Core developer and co-founder of the crypto assets custody company Casa, Jameson Lopp, stated, “Quantum computers will not disrupt Bitcoin in the short term. We will continue to follow their development. However, thoughtful modifications to the protocol (as well as unprecedented capital migration) may take 5 to 10 years. We should hope for the best but also prepare for the worst.” Last Saturday, the father of smart contracts and co-founder of Castle Island Ventures, Nic Carter, published a lengthy article stating that quantum computing is only an “engineering problem” away from breaking Bitcoin, with 1.7 million Bitcoins at risk of being attacked. This statement sparked community discussion. Blockstream CEO Adam Back criticized Castle Island Ventures founding partner Nic Carter for exaggerating concerns about the potential threat of quantum computing to Bitcoin. Bitcoin expert Pledditor stated that Nic Carter is deliberately creating anxiety, as his fund has invested in a startup that sells tools for transitioning blockchain to be quantum attack-resistant.