Odaily Planet Daily reports that Pantera Capital General Partner Franklin Bi posted on the X platform stating that the anti-quantum competition has already begun, but the market has significantly misjudged the adaptability of traditional finance and blockchain. The market overestimates the speed at which Wall Street systems can adapt to quantum-resistant technology upgrades, as the migration process of traditional financial infrastructure will be slow and chaotic, and it is difficult to eliminate risks such as single points of failure. The overall security of traditional financial systems depends on their weakest links.
Meanwhile, the market underestimates the unique capabilities of blockchain technology in upgrades. If successful upgrades can be completed within critical windows, some blockchains may evolve into “safe havens” for data and assets in the quantum era. Ethereum has already proven to be one of the few successful examples capable of completing complex system upgrades globally (such as the previous The Merge upgrade). The security crisis brought by quantum computing might actually strengthen the “gravitational effect” of a few core blockchain networks.
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