Bitcoin nirvana is happening, says Max Keizer

Security is an important aspect of every crypto-asset and Bitcoin [BTC] It is often questioned whether the blockchain is protected against piracy or vulnerable to certain technological developments.

In a recent episode of whatbitcoindid, Andrew Poelstra, senior researcher at Blockstream, was questioned about whether quantum computing represented a real threat to the existence of Bitcoin in the current blockchain.

Poelstra said the threat was obvious, but that it was still far from being practical in the current technological field. He said he was expecting quantum computing to conflict with Bitcoin's security in "maybe under 15 years" and said that he would really surprised that "it's less than 25 years old".

Poelstra said that it was necessary to take action in the current scenario for post-quantum systems because he thought that without any preparation for the impending technological aspect, it did not matter how the l & # 39; future was resting. Without preparation, the community would be taken aback, he said.

He stated,

"It's important now that we start working on standardization, explore ideas and imagine what Bitcoin will look like in a post-quantum world, but in current scenarios, no candidate for post-quantum schemes would be reasonable to deploy them in a Bitcoin environment. . "

The introduction of quantum computing in the cryptocurrency scenario was a topic widely debated among other community personalities. Mati Greenspan, eminent analyst of eToro, had said earlier this year that the threat to Bitcoin only existed if quantum computing was only accessible to one person. nobody.

If people or users collectively go to quantum computers, bitcoin miners would upgrade themselves to protect against an alleged 99% attack, which is possible with a quantum computer.