Coin Metrics Co-Founder: Quantum Computing is the biggest long-term risk to the core Cryptography of Bitcoin

PANews, October 21 news, according to CoinDesk, Coin Metrics co-founder Nic Carter stated that Quantum Computing is the biggest long-term risk to the core Cryptography of Bitcoin. He explained the unidirectionality of deriving a Public Key from a Private Key using the secp256k1 elliptic curve and pointed out that the on-chain exposure of the Public Key during spending transactions increases the potential Attack Surface. Carter suggested avoiding Address reuse in the short term to reduce Public Key exposure and to promote post-Quantum signature schemes and feasible migration paths in the long term. His series of articles will discuss the “post-quantum break” scenario.