Bitcoin’s post-quantum migration will be harder than Taproot and needs to start now, Project Eleven CEO says
Project Eleven CEO Alex Pruden urges Bitcoin developers to transition from research to production for post-quantum cryptographic security immediately.Summary
Project Eleven CEO Alex Pruden argues that the Bitcoin community must prioritize transitioning post-quantum signature schemes from research to production to mitigate the risk of quantum-enabled private key theft. Because a sufficiently advanced quantum computer could compromise assets worth trillions, Pruden emphasizes that the cost of moving late significantly outweighs the cost of early adoption. He notes that this migration will be more complex than the Taproot upgrade, as it requires universal participation from all wallet holders and institutions rather than optional adoption. While debates persist regarding dormant coins, Pruden urges a focus on the technical migration, noting that while Bitcoin Core's stance on the threat remains mixed, global scientific consensus suggests quantum computing timelines are accelerating.
(Source：CoinDesk)