First of all, Bitcoin is a decentralized protocol and no one can control it. There are no plans or roadmap.
To keep that out of the way, I don’t think quantum computing is seen as an imminent threat. From what I can find, even optimistic predictions put practical quantum computing at least ten years from now, but that is not even achieved.
Quantum tolerance signature schemes, on the other hand, use much larger public keys and signatures, significantly limiting transaction throughput. According to a recent blog post from Ledger, the cutting-edge PQC scheme uses 1563 bytes of signatures, more than 20 times the signatures currently in use in Bitcoin. This is an area of active research, so people want to wait for more improvements before they commit to adding a specific scheme to Bitcoin.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
