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Grayscale says bitcoin's quantum problem is governance, not engineering

Apr 07, 2026 14:21 UTC

Grayscale says bitcoin's quantum problem is governance, not engineering.

  • Digital asset manager Grayscale backed accelerated efforts to make public blockchains quantum-resistant in a new research note arguing the technical solutions already exist but the harder challenge is getting decentralized communities to agree on implementing them
  • The note follows a week of intensive industry response to Google Quantum AI's paper, which found that breaking bitcoin'sBTC$68,391
  • 36elliptic curve cryptography would require fewer than 500,000 physical qubits, roughly a 20-fold reduction from previous estimates, and could be executed in approximately nine minutes once the machine i

Digital asset manager Grayscale backed accelerated efforts to make public blockchains quantum-resistant in a new research note arguing the technical solutions already exist but the harder challenge is getting decentralized communities to agree on implementing them. The note follows a week of intensive industry response to Google Quantum AI's paper, which found that breaking bitcoin'sBTC$68,391.36elliptic curve cryptography would require fewer than 500,000 physical qubits, roughly a 20-fold reduction from previous estimates, and could be executed in approximately nine minutes once the machine i

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