Nic Carter: BTC’s quantum resistance progress lags, potentially serving as a catalyst for ETH’s valuation upside
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Nic Carter: BTC’s quantum resistance progress lags, potentially serving as a catalyst for ETH’s valuation upside
According to Cointelegraph, Nic Carter, founding partner at Castle Island Ventures, recently stated that Bitcoin developers are lagging in quantum-resistant upgrades, while Ethereum has elevated post-quantum cryptography migration to its top strategic priority and established a roadmap targeting 2029. Carter noted that elliptic curve cryptography (ECC), widely used across blockchains today, faces potential cryptanalytic threats from quantum computers: “Whether it’s three years or ten, the era of ECC is ending,” and all networks must embed cryptographic agility into their underlying architecture. On Ethereum’s side, co-founder Vitalik Buterin proposed a quantum-resistance roadmap in February this year, covering comprehensive upgrades to validator signatures, data storage, accounts, and proof mechanisms. A prior ARK Invest study found that roughly one-third of BTC is exposed to quantum threats—though it classified this as a “long-term risk.” Carter believes that if the Bitcoin community fails to accelerate such upgrades soon, the ETH/BTC exchange rate trend will gradually reflect the divergence in strategic priorities between the two networks.
Navigating Web3 tides with focused insightsTechFlow reports that on March 26, according to Cointelegraph, Nic Carter, Founding Partner at Castle Island Ventures, recently stated that Bitcoin developers are progressing slowly on quantum-resistant upgrades, whereas Ethereum has elevated post-quantum cryptography migration to its top strategic priority and established a roadmap targeting completion by 2029.
Nic Carter noted that the elliptic curve cryptography (ECC) widely adopted across blockchains today faces potential cryptanalytic threats from quantum computers: “Whether it’s three years or ten, the era of ECC is coming to an end.” Networks must therefore embed cryptographic agility into their foundational architectures.
On Ethereum’s side, co-founder Vitalik Buterin proposed a quantum-resistance roadmap in February this year, covering comprehensive upgrades to validator signatures, data storage, accounts, and proof mechanisms. Earlier research by ARK Invest indicated that approximately one-third of BTC is exposed to quantum threats—though it characterized this as a “long-term risk.”
Nic Carter believes that if the Bitcoin community fails to advance such upgrades promptly, the ETH/BTC exchange rate trend will gradually reflect the divergence in strategic priorities between the two networks.
