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Bitcoin developers have a solution to quantum computing threats. The harder question is whether the network can agree on one in time. The quantum computing threat to Bitcoin is not primarily a technical problem — it is a political one.
Those are the central arguments of a new commentary published by Guillaume Girard, a venture associate at UTXO Management, the Bitcoin-focused investment firm and subsidiary of Nakamoto Inc. In a piece titled “Bitcoin and the Quantum Threat: A Non-Technical Guide,” Girard argues that while a cryptographically relevant quantum computer (CRQC) does not yet exist and may never reach the threshold required to break Bitcoin’s encryption, the…
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