Bitcoin Has Two Ticking Time Bombs, Ex-Meta and Google Engineer Warns
Bitcoin Has Two Ticking Time Bombs, Ex-Meta and Google Engineer Warns
Not everyone shares the panic, though. Several academics recently concluded that attacking Bitcoin's mining process would require "the energy of a star." The industry has mounted a broad security race to quantum-proof the chain.
Concrete proposals are already emerging. BIP-361 is a three-phase soft fork that would eventually freeze coins, skipping migration to quantum-safe addresses.
Also, Starkware's chief product officer published a scheme for quantum-safe transactions built from existing rules.
Shyu's own exit was as much about leverage as protocol design. He admitted using excessive leverage, which triggered automatic liquidations when Bitcoin fell roughly 50% from its October 2025 peak near $126,000.
This article has been published in beincrypto.com via Yahoo News.
Bitcoin Has Two Ticking Time Bombs, Ex-Meta and Google Engineer Warns
A former Meta and Google engineer warns Bitcoin faces two ticking time bombs: quantum computing and miner incentives.
finance.yahoo.com
