This is just self-aggrandizement....

Anatoly Yakovenko said something chilling at the All-In Summit: the probability of a breakthrough in quantum computing within five years is 50%.

Once it becomes a reality, the ECDSA encryption currently used by Bitcoin will be rendered obsolete. Quantum computers can crack private keys, making everyone's coins unsafe. He suggested that the Bitcoin community start migrating to quantum-resistant algorithms immediately, rather than waiting for a disaster to occur.

Solana has already launched the Winternitz Vault to address this risk. However, changing Bitcoin is not so easy; it requires significant protocol changes, and all global wallets must be updated. Blockstream's Adam Back believes the quantum threat is still far off, but others think that technological breakthroughs may come sooner than expected.

This matter is quite scary. What Bitcoin prides itself on the most is its security; if this is breached, the entire crypto world would have to be reshuffled. The problem is that the decision-making efficiency of decentralized communities is very low, and by the time everyone reaches a consensus, it might already be too late.