News Explorer — Bitcoin's Governance Model May Hinder Its Ability to Transition to Quantum-Resistant Cryptography, Says Citi

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May 18, 8:55 pm

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Bitcoin's Governance Model May Hinder Its Ability to Transition to Quantum-Resistant Cryptography, Says Citi

Citi analysts warn of Bitcoin's vulnerability to quantum attacks due to its structural exposure of public keys during transactions, potentially allowing quantum attackers to derive private keys. Transitioning to quantum-resistant cryptography would require broad consensus and a hard fork, posing a challenge for Bitcoin's governance model.

Citi analysts warn of Bitcoin's vulnerability to quantum attacks due to its structural exposure of public keys during transactions, potentially allowing quantum attackers to derive private keys. Transitioning to quantum-resistant cryptography would require broad consensus and a hard fork, posing a challenge for Bitcoin's governance model.

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bitcoinmagazine.com

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