Solana co-founder Anatoly Yakovenko has urged the Bitcoin community to begin a transition to quantum resistance security measures, warning that advances in quantum computing could arrive faster than expected.
During the Sept. 18 session at the All-Insummit, he said the accelerated pace of technical breakthroughs means Bitcoin should not wait until the threat is imminent.
According to him:
“We need to move Bitcoin to a quantum-resistant signature scheme. This is my bet, because so many technologies are currently converging, and this asymptotic speed is the asymptotic speed of AI, and the speed from research paper to implementation is amazing.
Yakovenko's position is not surprising. This is because market concerns about Bitcoin's quantum-driven attack vulnerability are gaining momentum following companies like Google reporting advances in space.
With this in mind, he argued that adoption of quantum-resistant encryption should mark the right time for Bitcoin to migrate security architectures.
Solana co-founders promoted:
“My key to this is that Google and Apple will adopt a quantum-resistant cryptographic stack. This is when we move on, because now the consumers are effectively resolved and there's no need to wait.
But despite Yakovenko's warning, industry experts have maintained that breakthroughs could occur within the last decade, leaving them split into timelines of technological advancements, while others argue that the risk remains far away.
Jacovenko emphasized that the technology is a challenge and opportunity, regardless of when its implementation occurs.
He said:
“For the general public, quantum computing unlocks a huge amount of locks in terms of how much processing can be handled when pulling it off like AI.”
Bitcoin remains resilient
Even as he warned of the long-term threat of quantum computing, Yakovenko highlighted Bitcoin's resilience to current risks.
He argued that the collapse of companies with a massive Bitcoin Treasury (formerly micro-strategic) like Strategy could rattle the market, but that its decentralized open-access design would not undermine the assets themselves.
Jacovenko said:
“It's an open global competition to win Bitcoin, and as long as everyone can join in it, I don't think we'll endure any sort of regulated nightmare. I think Bitcoin will withstand that kind of shock, like when we didn't get gold in the '70s.”
Jacovenko also praised the proof of work as one of Bitcoin's most powerful shields against coordinated attacks. He explained that the consensus model is intentionally simple and extremely difficult to compromise on large scale.
He said:
“The beauty is that it is the simplest protocol that can be built because it is simply focused on a settlement. It is very easy to understand from an engineering standpoint, and the proof of work is a masterpiece in terms of elegance and simplicity.”
