This is a honker of a PDF. I recommend jumping to page 44 for the conclusion, then going to the sections you find more interesting.
Bitcoin and Quantum Computing: Current Status and Future Directions
Recent announcements of quantum computing advances have brought new attention to Bitcoin’s preparations for a post-quantum world. This report has examined how quantum computing intersects with Bitcoin's cryptographic foundations, the specific threats posed by cryptographically relevant quantum computers (CRQCs), and the potential solutions to maintain Bitcoin's security in a post-quantum environment. Our analysis covers the full spectrum of considerations, from Bitcoin's ECC-based transaction signature vulnerabilities and the threat of quantum mining, to technical proposals to introduce PQC and migrate quantum-vulnerable funds. We highlight the key philosophical challenge of whether vulnerable coins should be rendered unspendable ("burn") or allowed to remain retrievable by quantum attackers ("steal"). The report concludes with a proposed strategy and timelines for Bitcoin's successful transition to quantum resistance, designed to accommodate both current projections and the possibility of a significantly accelerated quantum breakthrough.
This looks amazing. I scanned through parts but didn't see if this is the Chaincode, that does dev education, etc.? If so, very cool use of their platform. I love seeing amnascent ecosystem where complex issues are summarized and presented. Such important work.
It's the Chaincode. They do research in addition to education. I guess like universities they pay smart people to do research with the condition they school up the next generation.
There goes my reading time for the week
if Bitcoin goes quantum-resistant, do miners need to go crazy with their computers to keep the network safe?
From the mining section summary:
all this may be closer than we think
view on www.youtube.comI meant to share this as a link post, but I already boosted it. Apologies.