Is Nic Carter Right? How Serious Is Bitcoin's Quantum Risk?

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Justin Drake and Chris Peikert break down the quantum computing threat to crypto and whether bitcoiners underestimate it. 🔥 EPISODE LINK 🔥 👉 https://unchainedcrypto.com/podcast/why-bitcoin-developers-are-not-incentivized-to-talk-about-the-quantum-threat/ 👈 ======================================================================== Thank you to our sponsors! Figure - https://figuremarkets.co/unchained Crypto Tax Girl - https://cryptotaxgirl.com/blog/interview-with-unchained-laura-shin/ ======================================================================== Are bitcoiners underestimating the quantum threat to Bitcoin? That's the question Castle Island Ventures Partner Nic Carter has posed with some recent posts gauging the views of several leading Bitcoin developers on quantum computing. To help answer the question, Unchained reached out to Ethereum Foundation Researcher Justin Drake and Michigan University Professor Chris Peikert. In this episode, Justin and Chris, who is one of the foremost experts on lattice cryptography, break down the quantum computing threat to crypto and the potential timelines. Justin theorizes that Bitcoin developers may not be incentivized to talk about the quantum computing risk while still saying that a number of smart people are already taking it seriously and that may be enough. Conversely, Chris highlights the constraints that come with uncertainty around risks and timelines. Listen to find out what they conclude. Plus, could AI do crypto in before quantum computers? Guests: ⭐️ Justin Drake, Researcher at the Ethereum Foundation — https://x.com/drakefjustin ⭐️ Chris Peikert, Professor, Computer Science and Engineering, University of Michigan — https://x.com/ChrisPeikert Timestamps: 0:00:55 Introduction 0:03:00 What risk does quantum computing pose to crypto? 0:15:00 Can holding less than 50 BTC keep you safe if quantum breaks Bitcoin? 0:16:47 How exchanges like Binance and Coinbase can mitigate quantum risks 0:19:00 Why governments may be the sleeper picks in the quantum race 0:25:45 Why Bitcoin and Ethereum may need to collaborate on post-quantum cryptography 0:35:19 What quantum computing means for privacy 0:29:58 How Algorand is approaching quantum security 0:55:00 How hash-based post-quantum cryptography compares to Lattices 0:58:30 Is Nic Carter right that Bitcoin is unprepared? 1:05:04 Are the concerns over Satoshi's coins overblown? 1:12:00 How AI also poses similar risks to crypto as quantum computers #bitcoin #ethereum #crypto #cryptocurrencies ======================================================================== Subscribe to our channel! CHECK OUT THE CRYPTOPIANS → https://www.youtube.com/watch?v=DFzunCFXrv4 WEBSITE → https://unchainedcrypto.com UNCHAINED DAILY NEWSLETTER → https://unchainedcrypto.beehiiv.com/subscribe/ LAURA'S TWITTER → https://x.com/laurashin UNCHAINED TWITTER → https://x.com/unchained_pod FACEBOOK → https://www.facebook.com/unchainedwithlaurashin INSTAGRAM → https://www.instagram.com/laurashin/?hl=en LINKEDIN → https://www.linkedin.com/in/laurashin/ MERCHANDISE → https://unchainedpodcast.company.site/ ======================================================================== NEW EPISODES: Apple Podcasts → https://podcasts.apple.com/us/podcast/unchained/id1123922160 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO!