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The Bitcoin community has a \u201chistory of contentious debates over protocol changes,\u201d said Grayscale head of research Zach Pandl.<\/p>\n
The challenge to solving the quantum threat to Bitcoin could be more social<\/a> than technical, according to Grayscale\u2019s head of research, especially if the community fails to come to an agreement on certain contentious issues.<\/p>\n Google released a paper that shook the crypto industry on March 30, suggesting that a quantum computer could potentially crack the cryptography protecting Bitcoin (BTC<\/a>) using far fewer resources than previously thought.<\/p>\n Grayscale head of research Zach Pandl, however, suggested<\/a> the problem for Bitcoin doesn\u2019t come from its technical solution, as \u201cbitcoin has lower risk than other cryptocurrencies\u201d because it uses a UTXO model and proof-of-work consensus, does not have native smart contracts and certain address types are not quantum vulnerable.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n