The Protocol: Bernstein says quantum threat to Bitcoin is real but manageable
CoinDesk
Wall Street firm Bernstein reports that while quantum computing poses a growing threat to Bitcoin, the risk remains a manageable, long-term upgrade challenge.Summary
Wall Street broker Bernstein has identified quantum computing as a credible, accelerating threat to Bitcoin and the broader cryptocurrency ecosystem due to recent technological breakthroughs. While quantum systems could theoretically compromise elliptic curve encryption, analysts argue that the risk is not existential. Instead, they view quantum evolution as a multi-year, medium-to-long-term system upgrade cycle. The firm emphasizes that scaling quantum technology to effectively break encryption remains a complex, multi-step challenge, allowing the industry sufficient time to adapt its cryptographic foundations.
(Source：CoinDesk)