I’m crypto-neutral and quantum-skeptical but this seems like a legit threat.
The other major cryptos have moved to a proof-of-stake which is more centralized, but also more flexible. For example I can easily imagine ETH upgrading to post-quantum cryptography.
But Bitcoin is much less flexible. It has never evolved past proof-of-work. It’s much harder for me to imagine a unified update for BTC.
technocrit@lemmy.dbzer0.com 1 week ago
I’m crypto-neutral and quantum-skeptical but this seems like a legit threat.
The other major cryptos have moved to a proof-of-stake which is more centralized, but also more flexible. For example I can easily imagine ETH upgrading to post-quantum cryptography.
But Bitcoin is much less flexible. It has never evolved past proof-of-work. It’s much harder for me to imagine a unified update for BTC.
Electricblush@lemmy.world 1 week ago
I mean, your non-upgraded coins being worthless should be a pretty solid motivator.