What Presidio Bitcoin Found About Quantum Computing: Threat Timeline And Next Steps

What Presidio Bitcoin Found About Quantum Computing: Threat Timeline And Next Steps
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Non-profit group Presidio Bitcoin has released a technical report examining the growing quantum computing risk to the Bitcoin network. 
The document looks at where quantum capabilities stand today, how much of BTC’s value could be exposed, what mitigations are already feasible, and how the wider ecosystem might coordinate a software update and migration. 
Why Upgrades Are Harder In A Decentralized System
Presidio Bitcoin begins from a simple point: Bitcoin is software, and that is both its power and its weakness. Because it is built as a system of code, Bitcoin is relatively easy to move, verify, and hold. 
At the same time, it inherits digital risks that come with relying on cryptography. One of the most important of those risks has been discussed since Bitcoin’s early days—cryptographically relevant quantum computers, often shortened to CRQCs. 
In theory, a CRQC could break the elliptic curve cryptography that underpins Bitcoin by enabling the derivation of pri

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