Casa Co-founder: Quantum computing will not crack Bitcoin in the short term, but modifications to the Bitcoin network may take 5 to 10 years.

Jameson Lopp, co-founder of Bitcoin custody company Casa, recently shared his views on a long-standing topic on social media. He stated, “For the past 18 months, I have consistently discussed publicly the potential risks that quantum computing may pose to the Bitcoin network.

Based on current observations and analysis, my core conclusion is that, frankly, I even hope that the development of quantum computing will slow down or even stagnate. This is mainly because the protocol modifications and system migrations required for a smooth transition of Bitcoin to the post-quantum era will be exceptionally complex and challenging, involving numerous technical and coordination difficulties.”

He further pointed out that although quantum computers will not be able to break Bitcoin's encryption system in the foreseeable future, this does not mean we can be complacent. On the contrary, we must remain vigilant and continuously monitor its progress. A thorough and systematic upgrade to the Bitcoin network—including potential large-scale fund migrations and protocol changes—could take 5 to 10 years.

This requires not only technological breakthroughs but also the establishment of community consensus and global collaboration.

“We should have the most optimistic expectations, but at the same time, we must be fully prepared for the worst,” Jameson concluded. “In this race against time in technological evolution, planning ahead and preparing for unforeseen circumstances may be the most pragmatic approach to protecting the future security of Bitcoin.” (Source: BLOCKBEATS)