Strategy is the listed company with the largest holding of Bitcoin (BTC) in the world, and the company has released important information regarding Bitcoin's future ability to withstand quantum computing attacks.

This company was co-founded by well-known Bitcoin supporter Michael Saylor. Recently, they posted on X stating that the Bitcoin network can adopt new security measures when necessary.

Strategy writes: 'If necessary, and when required, quantum-resistant upgrades can be adopted.'

These statements come at a time when the crypto industry is discussing whether the rise of quantum computing will pose a threat to the security of Bitcoin and other cryptocurrencies in the long term.

Given that Bitcoin uses elliptic curve cryptography to ensure transaction security, quantum computing may pose a significant threat to Bitcoin.

A sufficiently powerful quantum computer could potentially derive the private key from the exposed public key. This could allow attackers to obtain the Bitcoin holdings associated with those keys.

At present, there is no known, publicly available quantum computer that is capable of successfully cracking Bitcoin's encryption system in this manner.

Saylor Previous warnings about quantum threats

In October of this year, while delivering a speech at the World Bank in Washington, Saylor stated that as long as there is a global consensus on quantum-resistant cryptography, the Bitcoin network can withstand any realistically feasible quantum computing threats through collaborative software upgrades.

Saylor It is estimated that once a global consensus is reached on this requirement, such an upgrade would take approximately 90 days.

He also warned against hastily introducing new cryptographic schemes, arguing that more complex security measures themselves could also lead to vulnerabilities.

However, this estimate of 90 days is also questioned, as such a nationwide transition will involve developers reaching an agreement on technical changes, as well as Bitcoin users transferring their funds to new secure addresses.

It is worth noting that Strategy has also initiated research and development efforts aimed at ensuring the long-term security of Bitcoin.

In July this year, Strategy participated in the Bitcoin Security Alliance ( Bitcoin Security Consortium ) composed of seven large financial institutions and crypto companies, which included BlackRock and Coinbase.

The alliance commits to investing $15 million over three years, with one of the key areas being post-quantum cryptography.

In fact, Bitcoin developers are already researching methods to address the challenges posed by quantum computing.

One of the most notable proposals is Bitcoin Improvement Proposal 360 ( BIP-360 ). This proposal introduces a new type of transaction output, Pay-to-Merkle-Root ( P2MR ).