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CZ says quantum won’t kill crypto, calls for calm post‑quantum upgrade

CZ says quantum won’t kill crypto, calls for calm post‑quantum upgrade

Summary

  • Binance founder Changpeng “CZ” Zhao said crypto systems only need to upgrade to post‑quantum algorithms to handle quantum computers and there is “no need to panic.”
  • He warned that upgrading decentralized networks will be messy, may trigger forks and force users to migrate to new wallets, but argued dead projects staying unpatched will “clean up” the market.
  • CZ suggested Satoshi’s unmoved Bitcoin should eventually be locked or destroyed if dormant beyond a set window to avoid quantum-era theft, insisting “encryption is easier than decryption” and crypto will survive the quantum era.

Binance founder Changpeng “CZ” Zhao has sought to calm…

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