Bitcoin’s path to quantum safety may be smoother than expected, with proactive steps already underway.
Key takeaways
- Most crypto wallets use quantum-safe derivation schemes for seed phrases, enhancing security against quantum threats.
- A soft fork could be implemented in Bitcoin to require proof of seed phrase ownership, addressing potential quantum threats.
- Identifying relevant Bitcoin developers is challenging due to noise from less impactful contributors.
- Organizations like Chaincode Labs and Blockstream Research are crucial in advancing post-quantum security for Bitcoin.
- The Bitcoin community may adapt to post-quantum challenges faster than anticipated.
- There is a forming consensus among…
