Anatoly Yakovenko, co-founder of Solana, has called on the Bitcoin community to enhance their defenses against potential quantum attacks, suggesting that a significant advance in quantum computing could occur sooner than anticipated.
“I feel 50/50 within 5 years, there is a quantum breakthrough,” Yakovenko stated at the All-In Summit 2025, a video released on YouTube on Friday. “We need to transition Bitcoin to a quantum-resistant signature scheme,” he urged.
Yakovenko’s prediction stems from the rapid convergence of technologies and the swift progression of AI from research papers to practical applications. “It’s remarkable,” he noted. “I would encourage everyone to accelerate their efforts,” he said.
Cybersecurity experts warn that the threat may arise sooner
It is widely predicted that quantum computers will eventually break current encryption methods, raising security issues for users in the blockchain sector. While many Bitcoin (BTC) supporters still believe the threat is far off,
Bitcoin wallets utilize ECDSA to create a pair of private and public keys.
This security is based on the complex elliptic curve discrete logarithm problem (ECDLP), which classical computers cannot solve, but quantum computers might.
David Carvalho, founder and chief scientist of Naoris Protocol, mentioned in June that advancements in quantum computing could potentially breach Bitcoin’s cryptography in less than five years.
However, migrating a blockchain from conventional cryptography to post-quantum security would be complicated, as it would necessitate a hard fork, something many in the crypto community oppose.
Bitcoiners remain unconcerned about the threat
Some Bitcoiners don’t believe the threat is immediate.
Blockstream CEO Adam Back noted that current quantum computers don’t represent a credible risk to Bitcoin’s cryptography, although they may in the future.
Back estimated that quantum computers might reach that capability in “perhaps 20 years.”
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Meanwhile, Jan3 founder Samson Mow told Magazine in June that he is not overly concerned about the risks posed by quantum computing.
“I see it as a real risk, but the timeline is likely still a decade away, and I would argue that other concerns will arise before Bitcoin does,” Mow stated.
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