Ryan Sean Adams

What is happening on Ethereum at this point in time?

What percent of supply would be susceptible?

Let's just say Ethereum didn't solve quantum yet.

So let's just say it's in its current place.

What percent of supply would be vulnerable to this type of an attack?

But you have like the parity hack, isn't that a large portion?

So you think maybe at max 2%, 3%, 4%, 5% of Ethereum supply is kind of both lost and in quantum crackable addresses.

So Ethereum will have to make this same choice, right?

Yes.

Rather to, you know, so let's say it's something like 3%, whether to do the freeze and burn or just let that be a treasure hunt.

And your hope is that we just go with the treasure hunt option, which means some sort of quantum attacker will be able to scoop up that 1, 2, 3% of Ether.

Okay, so we have just talked about the soft social issue that quantum computing brings up.

There's a lot of technical challenges that we also have to face in order to make the rest of the chain post-quantum secure.

I want to bring out this tweet that I saw from Haseeb Qureshi, friend of the show.

He said this, and he was quote tweeting a Vitalik post on Ethereum's quantum roadmap.

And he said this, Ethereum has a tougher roadmap to become post-quantum

Actually, a lot of dependencies before you can tackle EOAs and private keys due to post-quantum proof sizes.

So his take is actually the challenges and the roadmap ahead for Ethereum are much tougher than Bitcoin.

What do you think about that?

So you think generally Bitcoin will have a harder problem because of their social layer is just like not acknowledging this reality and is less willing to engage with new developments on chain?