2 days ago
Is Bitcoin’s governance too slow to fend off quantum risks?

BOLT Technologies founder Yoon Auh says the real challenge in the quantum transition is whether blockchain networks can coordinate system-wide upgrades.
The race to make blockchains quantum-resistant is shaping into a test of governance, and decentralized networks may be at a disadvantage.
Quantum upgrades don’t stop at protocol-level changes. For major networks, they require wallet-level migration across millions of users, making coordination the bottleneck.
“The hard part is not changing the node itself, it’s having the wallets do the same,” said Yoon Auh, founder of BOLT Technologies, adding that each asset holder would need to migrate and do so in a coordinated way.
Source: Cointelegraph →Related News
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