- Anatoly Yakovenko urges Bitcoin’s upgrade for quantum resistance.
- Yakovonko suggests a quantum upgrade is necessary by 2030.
- Crypto community debates the immediacy of quantum threats.
At the All-In Summit 2025, Solana’s co-founder Anatoly Yakovenko highlighted the need for Bitcoin to upgrade cryptographic protocols by 2030 to counter the growing threat of quantum computing.
Yakovenko’s remarks have sparked debate among cryptographers and the wider cryptocurrency community, emphasizing the urgency of adopting quantum-resistant solutions to maintain Bitcoin’s security.
Anatoly Yakovenko, co-founder of Solana, has emphasized the urgency for Bitcoin to enhance its cryptographic methods to resist potential quantum computing threats by 2030. His remarks were made during the All-In Summit 2025.
Yakovenko warned about a potential risk within five years, suggesting a “50/50” chance of quantum computers compromising Bitcoin’s security. He advocates for a hard fork to adopt quantum-resistant measures proactively.
Bitcoin developers remain divided. Key figures like Adam Back and Peter Todd express skepticism regarding the immediate threat of quantum computing to current blockchain technologies.
The discussion extends to the potential impact on financial markets and national reserves, such as El Salvador’s decision to diversify due to perceived quantum risks.
The absence of a formal Bitcoin Improvement Proposal (BIP) for quantum upgrades is notable. The call for action has not resulted in measurable changes in industry practices. “There is a ’50/50′ chance quantum computers will be powerful enough within five years to break cryptographic protections underlying Bitcoin wallets.” – Anatoly Yakovenko, Co-Founder, Solana.
Historical upgrades, like the SHA1 to SHA256 transition, underline the complexities in achieving consensus. As regulatory bodies like NIST push for standards, the crypto ecosystem explores future-ready cryptographic solutions.