Episode notes
“There's a 50% chance that by 2033, you will have a cryptographically relevant quantum computer that can break Bitcoin.”
Alex Pruden joins me to explain why the threat may be much closer than most Bitcoiners think, what a real quantum attack on Bitcoin would actually look like, and whether bitcoin developers are doing enough to prepare.
We get into the real risk to self custody, exposed public keys, whether Satoshi’s coins could become a target, how a migration to quantum resistant signatures might work, and why this debate could become one of the most important and divisive fights in Bitcoin’s future.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny
Alex Pruden: https://x.com/apruden08
THANKS TO OUR SPONSORS:
LEDN: https://learn.ledn.io/wbd
BITKEY: https://bitkey.world/
ANCHORWATCH: https://www.anchorwatch.com/
BLOCKWARE: https://mining.blockwaresolutions.com/wbd
SWAN: https://www.swan.com/wbd
CLUB ORANGE: https://www.cluborange.org/
SUBSCRIBE TO THE PODCAST:
FOUNTAIN: https://fountain.fm/show/gpascDml6iI0sM8aTOCT
SPOTIFY: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH
APPLE PODCASTS: https://podcasts.apple.com/gb/podcast/defiance/id1482455669
WEBSITE: https://www.whatbitcoindid.com/
CHAPTERS:
00:00:00 - Introduction
00:01:00 - From Green Beret To Quantum Computing
00:08:38 - How Far Away Is A Quantum Computer?
00:14:24 - The Quantum Attack Vector For Bitcoin Explained
00:18:53 - The Mempool Attack That Could Steal Every Bitcoin
00:23:07 - Why Cracking A 32-Bit Number Means 256-Bit Falls Too
00:42:22 - The Engineering Problems?
00:46:11 - What Should Bitcoiners Do?
00:54:01 - Why You Might Not See The Attack Coming
00:59:47 - Should Satoshi's Coins Be Burned?
01:12:28 - Will Quantum Resistant Signatures Actually Hold Up?
What Bitcoin Did with Danny Knowles
#Bitcoin #Finance #Money #Economics
Alex Pruden joins me to explain why the threat may be much closer than most Bitcoiners think, what a real quantum attack on Bitcoin would actually look like, and whether bitcoin developers are doing enough to prepare.
We get into the real risk to self custody, exposed public keys, whether Satoshi’s coins could become a target, how a migration to quantum resistant signatures might work, and why this debate could become one of the most important and divisive fights in Bitcoin’s future.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny
Alex Pruden: https://x.com/apruden08
THANKS TO OUR SPONSORS:
LEDN: https://learn.ledn.io/wbd
BITKEY: https://bitkey.world/
ANCHORWATCH: https://www.anchorwatch.com/
BLOCKWARE: https://mining.blockwaresolutions.com/wbd
SWAN: https://www.swan.com/wbd
CLUB ORANGE: https://www.cluborange.org/
SUBSCRIBE TO THE PODCAST:
FOUNTAIN: https://fountain.fm/show/gpascDml6iI0sM8aTOCT
SPOTIFY: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH
APPLE PODCASTS: https://podcasts.apple.com/gb/podcast/defiance/id1482455669
WEBSITE: https://www.whatbitcoindid.com/
CHAPTERS:
00:00:00 - Introduction
00:01:00 - From Green Beret To Quantum Computing
00:08:38 - How Far Away Is A Quantum Computer?
00:14:24 - The Quantum Attack Vector For Bitcoin Explained
00:18:53 - The Mempool Attack That Could Steal Every Bitcoin
00:23:07 - Why Cracking A 32-Bit Number Means 256-Bit Falls Too
00:42:22 - The Engineering Problems?
00:46:11 - What Should Bitcoiners Do?
00:54:01 - Why You Might Not See The Attack Coming
00:59:47 - Should Satoshi's Coins Be Burned?
01:12:28 - Will Quantum Resistant Signatures Actually Hold Up?
What Bitcoin Did with Danny Knowles
#Bitcoin #Finance #Money #Economics
