Crypto entrepreneur Nic Carter claims that Bitcoin developers still have their “head in the sand” when it comes to making Bitcoin quantum-resistant, compared to Ethereum.
Crypto entrepreneur Nic Carter has urged Bitcoin developers to catch up on quantum resistance or risk losing out to Ethereum, which already has a post-quantum roadmap.
Elliptic curve cryptography (ECC) is the math that keeps Bitcoin (BTC) secure. Users pick a secret number (private key) and, using a special curved line and simple multiplication rules on that line, can quickly create a public address that everyone can see.
There are fears that quantum computers will have the ability to break this cryptography. The Bitcoin community is split on how to deal with it, with some advocating for upgrading cryptography while others say intervention would violate Bitcoin’s core principles.
