Bitcoin developers need to swallow their pride and outline a clear plan to harden the blockchain against quantum computing attacks, according to Capriole Investments founder Charles Edwards. He says the day they finally bite the bullet, the price will respond very quickly. “If the Bitcoin core team says in two or three months: ‘this is our roadmap, we’re gonna solve it in the next two years, these are the rough steps we’ll take,’ that would be amazing news,” Edwards tells Cointelegraph on Trade Secrets. “I think that would discount a lot of the risk pretty much overnight,” Edwards says. The question of whether Bitcoin developers should modify the network to make its cryptography quantum-resistant has sparked heated debate within the Bitcoin community, with some arguing that major changes could conflict with Bitcoin’s core ethos. Others claim quantum computers are many years away, and a rushed cure could be worse than the disease.Charles Edwards says a clear roadmap could push price up “very quickly”Edwards often highlights the risk of quantum computing to Bitcoin to his 132,800 X followers. The fear is that, one day, powerful enough quantum computers could break the cryptography th...
A quantum roadmap would push Bitcoin much higher: Charles Edwards
4 weeks ago
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