Are quantum-proof Bitcoin wallets insurance or a fear tax? - Source: CoinTelegraph

Cryptocurrency wallet makers and security companies are pushing out post-quantum products even though large-scale quantum computers capable of breaking Bitcoin do not exist yet.

The US National Institute of Standards and Technology (NIST) finalized its first post-quantum cryptography standards in 2024 and called for migrations before 2030.

As standards bodies plan for a gradual cryptographic transition, parts of the wallet market are already monetizing that future.

Story continues: https://cointelegraph.com/news/quantum-proof-bitcoin-wallets-insurance-fear-tax