"Developers and the Bitcoin community need to agree on a plan and then execute all the steps," says the executive.
The threat posed by quantum computing to the cryptographic signature schemes used by Bitcoin and other cryptocurrencies "is not actually a threat as people describe it," according to Michael Shaulov, CEO of crypto infrastructure provider Fireblocks.
Speaking at the Financial Times' Digital Asset Summit, Shaulov argued that "the entire internet industry basically needs to take a leap and start using post-quantum cryptography," adding that "generally speaking, we have the algorithms available."