Chirag Jetani, founder and COO of Diamante, stated that Google’s quantum computers outperform regular ones by 241 million times in speed. According to him, a quantum computer with 4000 qubits could break Bitcoin encryption in 10 minutes, and by 2030 — in seconds.
Paolo Ardoino, CEO of Tether, believes that quantum computers do not pose a serious threat to Bitcoin, as quantum-resistant solutions will be implemented in advance. Researchers from Project 11 predict that the threat to Bitcoin's Proof-of-Work algorithm will not arise for at least another 10 years, and the blockchain will have time to adapt. Experts from Project 11 emphasize that Bitcoin is capable of surviving quantum computing thanks to updates like Taproot, and post-quantum cryptography will be the next step. Quantum-resistant algorithms, such as the NIST standard, and libraries for post-quantum cryptography are already being developed. However, the implementation of such solutions is complicated by the size of signatures, limitations on transactions per second, and block sizes. The future of Bitcoin depends on its ability to evolve rapidly while maintaining decentralization. There is still time to prepare.