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Velocity of Change · Protocol Labs Podcast · Sep 2025

Quantum Computing and Bitcoin: The Security Threat No One's Talking About

Bolton Bailey, a researcher specializing in post-quantum cryptography, explains how Grover's algorithm could enable a quantum-powered miner to dominate the Bitcoin network, rewrite transaction history, and undermine its consensus mechanism — not by stealing private keys, but by breaking the proof-of-work foundation itself. A deep look at the timeline for quantum threats to cryptographic infrastructure and what post-quantum migration paths exist.

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