Zhao Changpeng discusses Bitcoin solutions under the threat of quantum computing: the community may face three options
CZ Zhao shared his interview video on platform X, discussing the potential impact of quantum computing on the Bitcoin encryption system, including the threat to Satoshi Nakamoto's Bitcoin holdings. If future quantum attacks lead to the old encryption system being compromised, the community may face three options.
The first is to "do nothing," allowing the relevant assets to be naturally transferred by attackers and create selling pressure, but ultimately it may lead to a redistribution back to the community;
The second is to freeze or restrict relevant addresses and envision returning assets under verifiable identities, but he believes this path has technical and credibility issues after the encryption is compromised;
The third is an intermediate solution such as "slowing down or delaying transfers," but it also has execution complexities.
CZ also proposed a compromise idea: to set a time window through community governance, such as 6 to 12 months. If the funds in relevant early addresses have not moved, they would be locked through a network fork or protocol upgrade, permanently removing them from circulation, thus avoiding future concentrated theft by attackers that could create market selling pressure. He emphasized that such decisions should be determined by community voting and believes there is currently no perfect answer, but "not taking any action may become the worst outcome in the future," so mechanisms should be designed in advance to address potential quantum risks.
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