Odaily Planet Daily reports that a16z stated in its latest article on quantum attacks that Bitcoin faces challenges from two major real-world issues, making the transition to quantum-resistant digital signatures increasingly urgent. The first is the issue of governance efficiency—Bitcoin’s upgrade process is extremely slow. If the community cannot reach consensus on a solution, any controversial topic could lead to a destructive hard fork. The second is the issue of migration proactivity—Bitcoin’s transition to quantum-resistant signatures cannot be completed passively; holders must actively migrate their assets. This means that a large amount of dormant, quantum-vulnerable coins will lose protection. It is estimated that millions of Bitcoins fall into this quantum-vulnerable and potentially abandoned category, with a current market value of hundreds of billions of dollars.
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a16z: "Inefficient governance" and "dormant tokens" are two major problems causing BTC to face a more severe quantum threat.
Odaily Planet Daily reports that a16z stated in its latest article on quantum attacks that Bitcoin faces challenges from two major real-world issues, making the transition to quantum-resistant digital signatures increasingly urgent. The first is the issue of governance efficiency—Bitcoin’s upgrade process is extremely slow. If the community cannot reach consensus on a solution, any controversial topic could lead to a destructive hard fork. The second is the issue of migration proactivity—Bitcoin’s transition to quantum-resistant signatures cannot be completed passively; holders must actively migrate their assets. This means that a large amount of dormant, quantum-vulnerable coins will lose protection. It is estimated that millions of Bitcoins fall into this quantum-vulnerable and potentially abandoned category, with a current market value of hundreds of billions of dollars.