Nic Carter: Bitcoin risks falling behind Ethereum on quantum resistance

Nic Carter, a partner at Castle Island Ventures, has warned that Bitcoin developers must urgently address the threat of quantum computing or risk falling behind Ethereum, which already has a quantum-resistance roadmap. According to Cointelegraph, Carter stated that Elliptic Curve Cryptography (ECC), the mathematical foundation of Bitcoin's security, has effectively reached its limits and will inevitably need replacement within the next three to 10 years. This will require a complete system overhaul, he added. Carter explained that while Ethereum has begun to address the quantum threat, other projects remain frozen in fear. He suggested that a failure to adapt quickly could impact the market valuations of BTC relative to ETH.