Despite being in its early stages, quantum computing may soon threaten Bitcoin and other proof-of-work algorithms, as suggested by Amit Mehra, a partner at Borderless Capital.
During a conversation with Cointelegraph at the Global Blockchain Congress Dubai 2025, Mehra elaborated on the trends Borderless Capital is monitoring, stating the firm is “diving deep into quantum compute” and exploring the development of quantum resistance technology.
Mehra predicts that quantum computing will fully mature by the decade’s end. However, he cautions that the swift pace of technological advancements is often underestimated:
“Considering the recent progress in chip technology, computing power, and decentralized computing, it [quantum computing] presents a significant challenge. If not imminent […] certainly in the near future.”
Quantum computing leverages quantum physics principles to process information at unprecedented speeds. Although still emerging, this technology could potentially undermine the encryption that secures cryptocurrencies and other crucial data, prompting the need for new post-quantum security protocols.
Charles Edwards, founder of the quantitative Bitcoin and digital asset fund Carpriole, argues that the urgency is even greater and insists the industry must adopt solutions before it is too late.
On October 15, he tweeted, “If Bitcoin doesn’t solve Quantum in the next year, Gold will keep outperforming it forever.”
“It’s critical, and we need to select a solution by next year,” he stated.
Related: Google reveals quantum advantage, 13,000 times faster than supercomputers
Preparing for the quantum threat
Mehra and Edwards are not alone in their concerns about quantum computing.
In July, SUI Research introduced a new cryptographic framework to protect blockchains from quantum computing threats, eliminating the need for hard forks, new addresses, or key resets.
However, while this new solution benefits SUI, Near, Solana, Cosmos, and other networks, it does not address the vulnerabilities for Bitcoin or Ethereum.
In the meantime, the US government is reportedly contemplating investments in quantum computing to safeguard national security.
An October report from Bloomberg indicated that the US Department of Commerce might allocate resources to this emerging technology to remain competitive with China.
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