Andrew Gault warns that bitcoin faces a greater quantum threat from encrypted messages moving between institutions than from exposed wallet keys. He points to a harvest-now-decrypt-later strategy already in use by adversaries.
Andrew Gault, CEO of networking firm ZeroTier and founding partner of 7percent Ventures, said the bitcoin industry is focused on the wrong part of the quantum problem. Gault noted that adversaries are collecting interbank messages, payment records and digital signatures today for decryption later once quantum computers advance.
