Source: BlockMedia
Original Title: Michael Saylor Joins Quantum Encryption Debate… “Quantum Computing Will Make Bitcoin Stronger”
Original Link:
Michael Saylor, Chairman and Strategy Officer, argued that quantum computing is not a fundamental threat to Bitcoin but rather an opportunity to strengthen the network.
Michael Saylor stated via X(Twitter), “The quantum leap for Bitcoin is about to begin,” and “Quantum computing will not break Bitcoin but make it more resilient.” He explained that through network upgrades, active coins will transition to a new security system, and inaccessible lost coins will be permanently frozen.
Saylor emphasized that this process will increase the overall security level of the Bitcoin network and reduce the actual circulating supply. He added, “Security is enhanced, and supply decreases,” concluding that “as a result, Bitcoin becomes stronger.”
Saylor’s remarks directly counter concerns that quantum computers could undermine existing public key cryptography. Some in the industry believe that before the commercialization of quantum computing, Bitcoin can transition to quantum-resistant cryptography, indicating that technical solutions are feasible. Saylor’s comments are seen as supporting this perspective.
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Michael Saylor: "Quantum computing makes Bitcoin stronger"
Source: BlockMedia Original Title: Michael Saylor Joins Quantum Encryption Debate… “Quantum Computing Will Make Bitcoin Stronger” Original Link: Michael Saylor, Chairman and Strategy Officer, argued that quantum computing is not a fundamental threat to Bitcoin but rather an opportunity to strengthen the network.
Michael Saylor stated via X(Twitter), “The quantum leap for Bitcoin is about to begin,” and “Quantum computing will not break Bitcoin but make it more resilient.” He explained that through network upgrades, active coins will transition to a new security system, and inaccessible lost coins will be permanently frozen.
Saylor emphasized that this process will increase the overall security level of the Bitcoin network and reduce the actual circulating supply. He added, “Security is enhanced, and supply decreases,” concluding that “as a result, Bitcoin becomes stronger.”
Saylor’s remarks directly counter concerns that quantum computers could undermine existing public key cryptography. Some in the industry believe that before the commercialization of quantum computing, Bitcoin can transition to quantum-resistant cryptography, indicating that technical solutions are feasible. Saylor’s comments are seen as supporting this perspective.