Hu Yilin, a former associate professor at Tsinghua University's Department of History of Science, has expressed support for the BIP 361 proposal in response to the potential threat posed by quantum computing to Bitcoin. He suggests that addressing address upgrades first could be a prudent step. Hu believes that if technological advancements occur gradually, the Bitcoin network can systematically adapt to these changes.
He identifies the only existential threat to Bitcoin as a sudden quantum computing breakthrough capable of cracking private keys from public keys within ten minutes, which would render network upgrades ineffective. However, Hu considers this worst-case scenario, where Bitcoin's value could plummet overnight, to be largely exaggerated and unlikely to occur.
Former Tsinghua Professor Discusses Bitcoin's Quantum Computing Threat
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