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I just saw a very interesting statement from Hoskinson about a problem that has been worrying many people in the crypto community. Basically, he is saying that the current proposal to protect Bitcoin against quantum threats simply won't be enough.
The issue is that quantum computers can break the current cryptography that protects Bitcoin, right? Well, according to the founder of Cardano, there is no viable solution under the proposed model to save all the vulnerable Bitcoin. It’s a much more complex problem than it seems.
What I find interesting is that this puts into perspective how Cardano and other crypto projects are thinking about long-term security. While Bitcoin remains with this open quantum vulnerability, people working with crypto need to be aware of these issues.
Hoskinson isn’t being pessimistic for no reason. He’s pointing out a real limitation of the current proposal. In the crypto universe, these discussions about quantum resistance will become increasingly relevant as technology advances. It’s worth keeping an eye on how Bitcoin and the rest of the crypto community will deal with this in the coming years.