The post Ripple’s David Schwartz Warns Bitcoin May Need Quantum Fork ‘Or Collapse’ appeared first on Coinpedia Fintech News
Comments from David Schwartz, chief technology officer at Ripple, have reignited debate over whether Bitcoin will need a major technical overhaul in the future to remain secure as quantum computing advances.
In a recent online discussion, Schwartz argued that bitcoin’s long-term success has so far depended more on its established reputation and market trust than on continuous technological upgrades at the blockchain level. However, he noted that one technological shift may ultimately be unavoidable: adapting the network to withstand potential quantum-computing threats.
Schwartz said bitcoin would likely “need a fork to be quantum proof,” warning that such a change could become necessary if advances in quantum computing eventually weaken today’s cryptographic protections. Without that type of upgrade, he suggested, the network could face
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