Solana’s co-founder Anatoly Yakovenko has called on the Bitcoin community to hasten efforts to protect against quantum threats, positing that a significant advancement in quantum computing could be closer than anticipated.
“I feel there’s a 50/50 chance of a quantum breakthrough within five years,” Yakovenko stated during the All-In Summit 2025, as revealed in a video posted on YouTube last Friday. “We ought to transition Bitcoin to a quantum-resistant signature system,” he remarked.
Yakovenko’s forecast is rooted in the rapid convergence of technologies and the swift progression of AI from conceptual research to practical application. “It’s remarkable,” he commented. “I would encourage everyone to expedite the process,” he added.
Cybersecurity professionals warn that the threat may arise swiftly
Experts predict that quantum computers will ultimately be capable of breaking current encryption methods, raising security concerns for blockchain users. Nonetheless, many Bitcoin (BTC) supporters still believe that the threat is far off.
Bitcoin wallets utilize the Elliptic Curve Digital Signature Algorithm to generate a pair of private and public keys.
The security of these wallets is based on the difficulty of the elliptic curve discrete logarithm problem, which classical computers can’t solve, but quantum computers might.
Recently, David Carvalho, founder and chief scientist of Naoris Protocol, indicated in June that quantum computers could “plausibly disrupt” Bitcoin’s cryptography in less than five years.
However, transitioning a blockchain from traditional cryptography to post-quantum protection would be complicated, requiring a hard fork, which many in the crypto community oppose.
Some Bitcoin enthusiasts remain unconcerned about the threat
Other members of the Bitcoin community do not view the threat as pressing.
Blockstream CEO Adam Back mentioned that current quantum computers do not represent a credible threat to Bitcoin’s cryptographic foundation, although they may do so in the future.
Back estimated that quantum computers might reach that level in “perhaps 20 years.”
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Meanwhile, Jan3 founder Samson Mow expressed in June that he isn’t overly concerned about the risks posed by quantum computing.
“I see it as a real danger, but the timeline is probably still a decade away, and I believe other systems will fail before Bitcoin does,” Mow stated.
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