One might say that the world of Bitcoin is currently engaged in a most peculiar dance, with our intrepid open-source engineer, Matt Corallo, stepping forward to declare that the so-called “sleepwalking” on quantum risk is but a tempest in a teacup. “Practical post-quantum roadmap? Merely a matter of two steps!” he declares, as if the entire matter were a simple matter of tying one’s shoelaces.
Mr. Corallo’s remarks, delivered with the fervor of a man who has just discovered that the universe is, in fact, flat, were a direct rebuke to the esteemed Mr. Nick Carter of Castle Island Ventures, who had the audacity to suggest that Bitcoin’s developers were treating quantum threats with the urgency of a man who has just learned his umbrella is missing. “Ah, but you see,” Corallo explains, “the wallets already possess a quantum-safe anchor-like a ship’s mooring in a storm of uncertainty.”
He goes on to outline his two-step plan, which sounds suspiciously like the kind of scheme one might devise while sipping a martini and contemplating the finer points of life. “First, commit to a post-quantum public key. Second, decide later when to disable the old, vulnerable paths. Simple, is it not?” One can only imagine the excitement of the developers as they set to work, no doubt with the same enthusiasm as a man preparing to juggle flaming torches.
Corallo’s 2-Step Roadmap For Bitcoin
“Only two steps!” Corallo exclaims, as if the entire matter were a child’s puzzle. “The first is to add the ability to commit to a post-quantum public key. I think that should be done soon.” One might wonder how soon “soon” is, but Corallo, ever the optimist, seems to believe that the answer lies in the stars-or at least in the next BIP.
As for the second step, Corallo admits it is “politically harder,” which in the world of Bitcoin is akin to saying a trip to the moon is “somewhat challenging.” It involves deciding when to ditch the old, vulnerable spend paths, a task that promises to be as pleasant as a family reunion in a house of mirrors.
“You really want an upgrade path that is free for now,” he says, as if the entire affair were a matter of convenience rather than existential dread. “The wallets know how to spend it. They know how to build these keys, how to sign with these keys. They just don’t have to use it yet.” A sentiment that would no doubt be met with cheers from the wallets, who are likely tired of being treated as mere tools in a grander scheme.
“Only two steps” required to make Bitcoin quantum-resistant?
In this @Unchained_pod episode, @TheBlueMatt joins me to discuss:
Why he thinks Nic Carter is wrong about the quantum threat to Bitcoin
Why he disagrees with Nic on his ranking of Bitcoin’s most influential…– Laura Shin (@laurashin) February 22, 2026
The ‘Nobody Is Working On It’ Narrative
Corallo, ever the diplomat, disputes the notion that Bitcoin’s development circles are ignoring the issue. “Research and engineering work?” he says, as if the very idea were preposterous. “Why, I’ve seen more activity on the mailing list than a cat in a room full of yarn!” He cites the efforts of Blockstream Research and Chaincode Labs, as if they were the heroes of a grand adventure.
At one point, he notes that mailing-list discussion has risen to “30 or 40%” of posts, which he describes as “evidence of sustained attention rather than neglect.” One might say it’s a testament to the resilience of the Bitcoin community, or perhaps a sign that everyone is simply too busy to do anything else.
At press time, BTC traded at $65,953-a figure that, in the world of Bitcoin, is about as stable as a wobbly table in a hurricane.
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2026-02-23 17:21