PANews reported on December 15 that billionaire Chamath Palihapitiya tweeted: "Quantum computing will pose a risk to v1 encryption methods. The time frame is very unclear and not in the near future. But if I own a lot of BTC, my risk posture will be to assume that it may happen and plan accordingly. Now, any potential risks to Bitcoin can be solved by forks that implement quantum-resistant encryption for new transactions. That is, this cannot retroactively protect unmigrated public keys that have been exposed. Funds in old p2pk addresses (dead accounts?) with exposed public keys will still be vulnerable to quantum computing attacks against ECDSA and will be targeted."
Earlier news , Google announced the progress of quantum computing: it completed the calculation of 10 to the 25th power of supercomputer in less than five minutes. The founder of Ava Labs suggested freezing Satoshi Nakamoto's 1 million bitcoins in the face of the risk of quantum computing development.
