The Bitcoin development community has recently been arguing about the topic of quantum threats.

Jameson Lopp, co-founder of Casa and core contributor to Bitcoin, poured a bucket of cold water — quantum computers won't threaten Bitcoin in the short term. He believes that even if fundamental adjustments to the protocol were necessary, combined with an unprecedented scale of fund migration, the entire process would still take 5 to 10 years to complete. The development team will keep a close eye on it, but there's no need to panic.

What is this in response to? Previously, Nic Carter claimed that quantum computing would only be an engineering challenge for Bitcoin and asserted that 1.7 million Bitcoins are at risk. This statement caused quite a stir.

Blockstream CEO Adam Back came out to criticize: Nic Carter is exaggerating and alarmist. Moreover, some pointed out that the fund under Nic Carter has invested in several startups specializing in anti-quantum tools—implying that this guy is creating anxiety to hype up his investment projects.

The common view in the industry is that quantum threats do exist, but they are not as urgent. The Bitcoin protocol has been validated for over a decade, and there is still room for upgrades. The key is not to be swayed by exaggerated panic.