Yakovenko based his prediction on the fact that with so many technologies converging, and how fast AI is accelerating from a research paper to an implementation. \u201cIt is astounding,\u201d he said. \u201cI would try to encourage folks to speed things up,\u201d he added.<\/p>\n
Cybersecurity experts say threat may emerge quickly<\/p>\n
It is commonly forecasted that quantum computers will eventually<\/a> be able to crack present-day encryption, making security a concern for users in the blockchain industry. Many Bitcoin (BTC<\/a>) advocates, however, still think the threat is a long way off.<\/p>\n Bitcoin wallets are secured by the Elliptic Curve Digital Signature Algorithm to generate a pair of private-public keys.\u00a0<\/p>\n Their security relies on the hard-to-solve elliptic curve discrete logarithm problem, which is impossible to resolve with classical computers, but may not be for quantum computers.<\/p>\n David Carvalho, founder and chief scientist of Naoris Protocol, recently said<\/a> in June that quantum computers have become so advanced that they could \u201cplausibly rip\u201d through Bitcoin\u2019s cryptography within even less than five years\u2019 time.<\/p>\n However, upgrading a blockchain from legacy cryptography to post-quantum security would be challenging because it would require a hard fork, something many crypto communities are against.<\/p>\n Bitcoiners aren\u2019t as concerned about threat <\/p>\n Other Bitcoiners don\u2019t see the threat as imminent.\u00a0<\/p>\n Blockstream CEO Adam Back said that current quantum computers do not pose a credible threat<\/a> to Bitcoin\u2019s cryptography but will likely threaten it in the future.\u00a0<\/p>\n Back estimated that quantum computers may evolve to that extent in \u201cmaybe 20 years.\u201d<\/p>\n Related: US, UK to collaborate on AI, quantum computing, nuclear energy development<\/a><\/p>\n![\"Solana,](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/10\/01996088-b1e1-72aa-8d35-43dddb237a2a.png\" "\\"\\"\/")
Solana founder Anatoly Yakovenko spoke at the All-in Summit. Source: All-In Podcast<\/a><\/p>\n