Bitcoin Quantum Security Upgrade Could Take Years

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Bitcoin can upgrade to post-quantum security in time. But will the community be able to reach consensus on the hard decisions required?

Seven years. That’s how long Bitcoin researcher and BIP-360 co-author Ethan Heilman estimates it would take for the blockchain to migrate to full quantum resilience if it started tomorrow. 

And he says that’s an optimistic forecast, based on everyone agreeing on the roadmap.

“Three years until it activates. This assumes two and a half years to get the BIPs done and the code reviewed and tested. Assuming everyone wants it, half a year to activate,” he tells Cointelegraph.

Every Bitcoin holder will need to migrate their funds to new quantum-safe addresses — a huge undertaking that could take months, or even years, given that the blockchain typically runs at 3-10 transactions per second.


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