A. Yakovenko believes it is necessary to protect Bitcoin from quantum computers.
Co-founder Solana Anatoly Yakovenko sees quantum computing as a serious threat to the security of the Bitcoin (BTC) blockchain.
According to Yakovenko, within the next five years, there is a 50% chance that quantum computers will become so powerful that they will break cryptographic protection. Bitcoin-wallets.
He believes it is necessary to implement a quantum-resistant signature system for Bitcoin in order not to lose the battle of technological development.
We need to translate Bitcoin «I’m betting on a quantum-resistant signature system. I’m betting on this because many technologies are currently converging. The asymptotic pace of AI development and how quickly it accelerates from research to implementation is simply astounding,» Yakovenko noted.
At the same time, Yakovenko is confident in Bitcoin’s resilience, provided it continues to operate in an open, globally competitive environment and avoids strict regulation. BTC will withstand any major upheaval as long as it remains accessible to the public.
Yakovenko praised Bitcoin’s architecture, its simplicity, and its computationally focused structure. He called its proof-of-work mechanism «a masterpiece in terms of elegance and simplicity.»
Interestingly, Blockstream’s CEO Adam Beck and participant Bitcoin Core’s Peter Todd argues that practical quantum computers capable of cracking Bitcoin’s elliptic curve signatures are a long way off.
Strategy’s Michael Saylor believes there are far more serious risk factors phishing and software vulnerabilities.
