Solana co-founder Anatoly Yakovenko has warned that the Bitcoin community needs to pull up its socks to combat any potential attacks from quantum computing in the future.
"I feel 50/50 within five years, there is a quantum breakthrough."
Yakovenko made the remarks when he recently spoke at the All-In Summit 2025 .
Related: What is Crypto? Cryptocurrency explained
How quickly the latest technologies like AI are accelerating from a research paper to implementation is astounding, Yakovenko said and urged the tech community to speed things up. Quantum computing could also become a reality soon enough and the Bitcoin community needs to be prepared, he cautioned.
"We should migrate Bitcoin to a quantum-resistant signature scheme."
How can quantum computing threaten crypto?
A cryptocurrency, as the name suggests, is a digital currency that deploys cryptographic functions to encrypt all the financial details. This ensures the integrity and security of the virtual assets so that nobody else can know of any details of a peer-to-peer financial transaction.
What many within the crypto community fear is that the quantum computers of the future will be able to decrypt the financial details of crypto assets within seconds.
Yakovenko isn't the only one to publicly express the deep-seated concern. Recently, Ethereum co-founder Vitalik Buterin also warned of the same potential risks posed by quantum computing to crypto.
However, not everyone is convinced.
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Incentives weigh heavy
Ian Miers, assistant professor of computer science at the University of Maryland, engaged in a discussion with Buterin on X and said market estimates for the need for post-quantum crypto are driven by market incentives.
Experts are saying quantum computing is just coming because it's bringing them money, he claimed.
As per Miers, quantum computers that can break cryptography are 50 years away.
This story was originally reported by TheStreet on Sep 19, 2025, where it first appeared in the Innovation section. Add TheStreet as a Preferred Source by clicking here.
