Solana co-founder Anatoly Yakovenko warns Bitcoin community to prepare for quantum attacks, predicting a major breakthrough within five years. With advancing technologies and AI, migration to quantum-resistant signature scheme is urged. Cybersecurity experts highlight the threat’s rapid emergence, despite some Bitcoin advocates believing it’s a distant concern.

Bitcoin wallets rely on Elliptic Curve Digital Signature Algorithm for security, but quantum computers could potentially solve the elliptic curve discrete logarithm problem. Naoris Protocol founder David Carvalho warns of quantum computers potentially breaking Bitcoin’s cryptography in less than five years. Upgrading to post-quantum security would require a hard fork, a challenge for many crypto communities.

Blockstream CEO Adam Back believes current quantum computers don’t pose a threat to Bitcoin’s cryptography now but could in the future, estimating the threat may evolve in around 20 years. Jan3 founder Samson Mow is less concerned, seeing the timeline for quantum computing to impact Bitcoin as a decade away, with Bitcoin resilient to potential risks.

Read more at Cointelegraph: Solana Founder Tips 50% Odds of Quantum Computing Breakout By 2030