npub1v5…9n0ys on Nostr: > The punchline is that Bitcoin could absolutely upgrade to post-quantum cryptography ...
> The punchline is that Bitcoin could absolutely upgrade to post-quantum cryptography with zero downtime. The paper, and the article(s) written about it are fundamentally misunderstanding how upgrades work in a decentralized network. Unlike centralized services, where the service provider can use a load-balancer to seamlessly migrate users to an upgraded system, decentralized networks have to handle things differently. The benefit of a decentralized protocol is that no single entity can shut down, disrupt, or modify the network, the idea of “downtime” for upgrades makes little sense.
https://libresolutions.network/articles/teachable-bitcoin/Published at
2024-12-19 00:38:01Event JSON
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"content": "\u003e The punchline is that Bitcoin could absolutely upgrade to post-quantum cryptography with zero downtime. The paper, and the article(s) written about it are fundamentally misunderstanding how upgrades work in a decentralized network. Unlike centralized services, where the service provider can use a load-balancer to seamlessly migrate users to an upgraded system, decentralized networks have to handle things differently. The benefit of a decentralized protocol is that no single entity can shut down, disrupt, or modify the network, the idea of “downtime” for upgrades makes little sense.\n\nhttps://libresolutions.network/articles/teachable-bitcoin/",
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