crypto

How will permisionless blockchains acknowledge the date ECDSA is broken by quantum computing? (crypto D-Day). Consensus algs will need to retroactively be applied prior to this date.

If an entity covertly breaks ECDSA with a quantum computer, early fud will almost certainly blame exploits on key management.

A thought experiment. Let's assume a few things

1) quantum comes sooner than everyone thinks
2) ECSDA is broken and BTC is being stolen
3) other major chains like Ethereum and Solana have implemented post quantum resistant cryptography

what happens? does capital move into smart

Kyle Samani

How will permisionless blockchains acknowledge the date ECDSA is broken by quantum computing? (crypto D-Day). Consensus algs will need to retroactively be applied prior to this date.

If an entity covertly breaks ECDSA with a quantum computer, early fud will almost certainly blame exploits on key management.

https://x.com/KyleSamani/status/1920861317176717683