Is Nic Carter Exaggerating Bitcoin's Quantum Risk? Yes, Says One Core Dev

Matt Corallo says “the community that exists at the time” will make decisions on how Bitcoin deals with the threat of quantum computing.

Thank you to our sponsors!

• ⁠Figure⁠

• ⁠Crypto Tax Girl⁠

• ⁠Fuse: The Energy Network⁠

When it comes to the quantum computing threat to crypto, the focus is often on Bitcoin and for good reason. The blockchain lacks a defined governance structure and the vulnerability around Satoshi's and other abandoned and lost coins is far greater than on any other chain.

Furthermore, influential figures like Nic Carter have accused developers of sleeping at the wheel.

Bitcoin Core contributor Matt Corallo argues that it won't take much to make the network quantum-resistant and, contrary to popular narrative, says work is already underway.

Find out why Corallo says quantum-proofing Bitcoin requires only two steps ”you burn old lost coins, you burn anyone who hasn't migrated.”

Guest:

• ⁠Matt Corallo, Open Source Engineer at Block/Spiral

Links:

• Unchained:

• ⁠Why Bitcoin Developers Are Not Incentivized to Talk About the Quantum Threat⁠

• ⁠Q-Day Is Imminent. Can Bitcoin Survive the Quantum Threat?⁠

• ⁠Solana Deploys Post-Quantum Signatures on Testnet⁠

• ⁠Cracking Bitcoin Encryption Is Getting Much Easier, Google Says

Learn more about your ad choices. Visit megaphone.fm/adchoices