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BTC godfather Adam Back: Quantum computing will not threaten BTC for decades, it is not difficult to build a network against quantum attacks
Adam Back, founder and CEO of Blockstream, recently commented on crypto world, which can perform operations at unprecedented speeds due to advances in quantum physics, which could disrupt BTC's encryption algorithm in the future. (Summary: Physics expert: Give quantum computers five more years to break the BTCPrivate Key, want to upgrade BTC must be completely stopped? (Background added: BTC cracked in two years? King of SPACs warns "Google quantum chip" to kill SHA-256; Adam Back scolded nonsense) Google (Google) announced on the 9th that its new generation of chips Willow has successfully broken through the key challenges of quantum computing, claiming that the chip can be operated with 105 qubits (qubits), the original traditional computer takes 1 billion years to solve the problem, the new chip can be solved in only 5 minutes. The birth of Willow has sparked a fierce debate in the crypto world, worried about whether BTC's encryption algorithm may soon be cracked by quantum computing, well-known venture capitalist Chamath Palihapitiya recently claimed that about 8,000 Willow chips can crack BTC's SHA-256 algorithm. But BTC legend and Blockstream founder and CEO Adam Back immediately refuted this claim, emphasizing that the number of qubits cannot be increased by connecting a large number of chips with 105 qubits, and that humans will be far from achieving a computer with 1 million qubits in this decade, and possibly the next. Adam Back talks about the quantum computing threat again In response to the quantum computing threat, a netizen tweeted on the 21st that a BIP (BTC improvement proposal), extensive Consensus, and enabling the client can make quantum computing no longer a problem for BTC, but for the richest BTC holders, they will block the Block chain for years when they move BTC to a safe place. In this regard, Adam Back responded, in fact, there may not be a need to do this, BTC through the Taproot leaf node reservation to support the future post-quantum (PQ) signature mechanism, can effectively alleviate the fear of quantum computing, without the current activation of quantum-resistant signature operation code. maybe not needed. you can be quantum ready using a taproot leaf committing to a future soft-forkable PQ signature opcode, and a hash-based key scheme. then you can migrate to that PQ ready Schnorr signature, while only paying current signature sizes. then people will calm down. — Adam Back (@adam3us) December 21, 2024 Cryptonews reports that what Adam Back means is that quantum computing may actually improve the security of BTC because it will drive developers to build a network that is resistant to quantum attacks, and using upgrades like Taproot and implementing post-quantum cryptography techniques can prepare BTC for future quantum attack threats. Adam Back believes that BTC can use the Taproot upgrade to create an arithmetic code that is resistant to quantum operations attacks, and by ensuring that the arithmetic code is "soft forkable", the code can be updated intermittently based on the flaws exposed by quantum operations, without the need for a complete overhaul of the BTCBlock chain. Next, BTC's move to newer Schnorr signatures, a more efficient and secure way to digitally sign the Block chain, can further bolster BTCprotocol's defenses. Adam Back emphasized that the quantum computing threat will not be a reality for at least a few decades, and that quantum-resistant signature technology will also introduce more compact and mature solutions in the future, while BTC users can safely migrate funds without increasing current transaction costs by basing on existing Schnorr signatures or future quantum-resistant signature schemes. He stressed that this mechanism can help the BTC community prepare in advance while maintaining on-chain efficiency. Related reports BTC wallet may be attacked by Google's quantum chip "Brute Force Attack"? Cosine: Let's worry about Satoshi Nakamoto's Private Key in a few decades Satoshi Nakamoto's 1 million BTC may be cracked? Google releases quantum chip Willow, community freezes wallet debate DeSci new chapter! Quantum Biology DAO Launches $QBIO Token, BIO Protocol First Issuance "BTC Godfather Adam Back: Quantum computing will take decades to threaten BTC, it is not difficult to build a quantum-resistant network" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".