Bitcoin And The Quantum Panic: What Developers Are Actually Doing

Quantum risk has become a recurring stress point in Bitcoin discourse, often framed as an existential threat. The claim usually follows a familiar arc: quantum computing is advancing quickly, cryptography is vulnerable, and Bitcoin isn’t adapting fast enough. Marty Bent doesn’t buy that framing. In his Dec. 14 episode, Bent acknowledged that quantum computing represents a genuine risk — not just for Bitcoin, but for any system built on modern cryptography — while pushing back on the idea that Bitcoin developers are ignoring the issue. “Short answer is yes, it is a risk,” Bent said. “But it’s not only a risk for Bitcoin. It’s a risk for any system that depends on cryptography for security.” What Developers Are Doing To Make Bitcoin Quantum-Safe What tends to get lost, he argued, is the work already underway. Bent pointed to ongoing developer discussions and, more recently, a research paper published by Blockstream’s...

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