Cardano founder says quantum threat could dethrone Bitcoin

Cardano co-founder Charles Hoskinson has warned that Bitcoin could lose its position as the largest cryptocurrency if its governance system cannot organise a response to quantum computing. Summary Hoskinson says Bitcoin could lose leadership if governance cannot coordinate a timely quantum-security upgrade successfully. Bitcoin developers are already discussing post-quantum migration plans, including BIP 361 and new signature designs. Cardano’s onchain governance lets ADA holders vote on upgrades, but coordination disputes have also emerged. He made the comments during an interview with The Starting Block published on July 24. Hoskinson described Bitcoin as “frozen in time” because major changes require wide agreement across developers, miners, node operators and users. He argued that Cardano’s formal voting system gives its community a clearer route for approving upgrades. His comments present a governance argument rather than evidence of an immediate quantum attack. CARDANO FOUNDER WARNS BITCOIN COULD LOSE ITS #1 SPOT.Charles Hoskinson says Bitcoin could eventually lose its dominance if its governance fails to respond properly to the threat of quantum computing.The concern?A suff...