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Ryan Sean Adams

👤 Speaker
3383 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Ethereum’s Quantum Strategy with Justin Drake

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.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

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

Bankless
Ethereum’s Quantum Strategy with Justin Drake

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

Bankless
Ethereum’s Quantum Strategy with Justin Drake

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

Bankless
Ethereum’s Quantum Strategy with Justin Drake

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

Bankless
Ethereum’s Quantum Strategy with Justin Drake

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

Bankless
Ethereum’s Quantum Strategy with Justin Drake

What do you think about that?

Bankless
Ethereum’s Quantum Strategy with Justin Drake

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?

Bankless
Ethereum’s Quantum Strategy with Justin Drake

Can we talk about each of those problems one by one?

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And I know, Justin, you can get into extreme detail with respect to the cryptography.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

We want to try to keep this at the level that David and I can understand, which is much more simple, let's say, Justin.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

Mm-hmm.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

But we do understand kind of the different layers, of course, of the Ethereum stack.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

And maybe we can start with the execution layer, because that's been the main thing we've talked about, ECDSA.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

This is the signature scheme behind both Bitcoin addresses and Ethereum addresses.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

That's the thing that would be cracked in a post-quantum world where somebody could go and take the actual assets.

Bankless
Ethereum’s Quantum Strategy with Justin Drake

So what's the upgrade path to ECDSA?

Bankless
Ethereum’s Quantum Strategy with Justin Drake

I mean, that is a longstanding

Bankless
Ethereum’s Quantum Strategy with Justin Drake

Not just smart contract, right?

Bankless
Ethereum’s Quantum Strategy with Justin Drake

Bitcoin as well.