LATEST: 🔐 Upgrading the Bitcoin protocol to be post-quantum security standards may take at least 5-10 years due to the protocol's decentralized consensus model, according to Casa co-founder Jameson Lopp. https://t.co/8dzJhK9HI8 ...

Quantum Computing Risk - Long-term Bitcoin holders are dumping their holdings due to quantum computing risk [1] - A quantum computer could potentially break the private keys of 20-30% of Bitcoin [1] - This poses a US$500 billion 'science prize' to whoever builds the computer that breaks the encryption [1] - Bitcoin protocol may fail due to lack of leadership and potential quantum hacks, destroying confidence [1] Market Sentiment - Some in the DeFi sector dismiss quantum computer concerns as FUD (Fear, Uncertainty, and Doubt), comparing it to Tether FUD [2]

Protocol Violation - Version 30 (v30) was implemented despite failing to achieve consensus, violating the Bitcoin protocol [1] - Supporters of v30 cannot criticize other consensus violations [1] - Core no longer has a vote on consensus due to prior contract violation [1]