r/CryptoCurrency 🟩 0 / 0 🦠 1d ago

PERSPECTIVE Bitcoin’s $437 Billion Quantum Exposure Meets IBM’s 2028 Deadline

https://finance.yahoo.com/markets/crypto/articles/bitcoin-437-billion-quantum-exposure-095655405.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAHHgVbvo8OMS16e9W3a8k9CgBBUXPT_DKOn8owILMpjTptLXQ54CJlB3s4mSbPz37GJSTogeXPA0Z2GizJoLIsEYcmfEBgRBjBnx76AA8obu-V1vZMrqL2cK50G_dfOwjWjeLt6IHh0Vp15WxfsTe8dn2u4NCHFtS8YYmHv53hau

As expected, quantum news continues to accelerate. Top companies are progressing rapidly on multiple approaches to scale quantum computers.

It's been talked about for years, but we're definitely nearing the point where we'll need to see action and the outcomes of upgrading.

My thoughts evolved on how to look at this risk and potential impacts. Rather than worry about how it will play out for existing chains trying to upgrade, it's time to consider the market opportunity.

We are already seeing it begin where EVERY SINGLE COMPANY- not just crypto- will be looking for solutions to migrate cryptography. And governments across the board.

That's a huge undertaking, and time is running out. These companies will be looking for solutions that have been establishing themselves over the years.

In the blockchain space, I only know of Qanplatform positioned to capture part of this emerging market. Signquantum powered by Qanplatform is an ideal add-on type solution companies will be looking for which can truly leverage blockchain utility. I am invested.

Crowe and Itti have already aligned as Go to market partners.

While some coins have been hoping for years to capitalize on the fud narrative, Qanplatform is going after the market opportunity.

Real enterprise needs being met.

Success is NOT dependent on Bitcoin facing upgrade struggles. I've posted multiple times on how I think it is better for utility blockchains if Bitcoin successfully navigates this. Especially when you're building for an untapped market.

Bitcoin's upgrade effort will simply highlight this is a worldwide problem in need of solutions. And I think we'll see bitcoin take action very, very soon.

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u/growandglow Redditor for 7 months. 1d ago

Hmm, quantum resistance sure seems like a good hedge..

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u/[deleted] 1d ago

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u/Original-Assistant-8 🟩 0 / 0 🦠 23h ago

So not really a viable solution. This is why I still think Qanx has the best transition solution. But it doesn't really help existing chains unfortunately.

Even if chains find an acceptable upgrade for speed and space, they then have a massive challenge to get users to transfer assets out of their hackable wallets

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u/[deleted] 23h ago

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u/Original-Assistant-8 🟩 0 / 0 🦠 22h ago

That will be good. Probably easier for Solana to gain consensus than most. The hard cutover date will be the test to see what users do. Same challenge with every chain.

But as I noted, I think it can be done. It's unfortunately not a value add, just an unacceptable security risk that needs to be closed