BlackRock Warning Corroborates Ripple CTO On Why Quantum Computing Is a Threat to Bitcoin

In a major development that has stirred debate across the crypto landscape, investment giant BlackRock has issued a stark warning about the long-term threat quantum computing poses to Bitcoin. This warning, highlighted by Digital Assets Daily, echoes concerns voiced years ago by David Schwartz, Ripple’s Chief Technology Officer and one of the original architects behind Bitcoin’s foundational cryptographic ideas. Schwartz has consistently emphasized that while Bitcoin remains highly vulnerable to advances in quantum computing, XRP was deliberately designed with quantum-resistant features to mitigate these risks. BlackRock issues warning Quantum computing is a threat to Bitcoin. David Schwartz who worked on Bitcoin is the ‘Ripple’ CTO explained this years ago and explained how XRP is quantum proof….. https://t.co/mxlcuVaPop — Digital Assets Daily (@AssetsDaily) May 27, 2025 This convergence of perspectives from Wall Street’s largest institutional player and one of crypto’s most respected technologists has reignited urgent conversations about the future-proofing of blockchain assets in an era of rapid technological change. BlackRock’s Quantum Alarm: A Reality Check for Bitcoin BlackRock’s warning did not emerge in a vacuum. As quantum computing research accelerates, scientists are increasingly confident that quantum systems could, within the next decade, break the elliptic curve digital signature algorithms (ECDSA) that secure most blockchains today, including Bitcoin. These algorithms underpin the private-public key infrastructure that ensures only legitimate holders can spend their coins. While the timeline for quantum breakthroughs remains debated, BlackRock’s intervention signals that institutional investors are no longer viewing quantum risk as a distant hypothetical but as a real, looming threat. This concern is particularly relevant as Bitcoin continues to mature into a mainstream store of value, with trillions of dollars potentially at stake if its foundational security mechanisms are rendered obsolete. David Schwartz’s Early Warnings and XRP’s Quantum Resilience Long before BlackRock’s assessment, David Schwartz was already raising the alarm. As one of the original contributors to Bitcoin’s early code and cryptographic foundations, Schwartz has a unique vantage point on the technology’s inherent strengths and weaknesses. When he transitioned to his role at Ripple, Schwartz became an outspoken advocate for building blockchain systems that could withstand the arrival of quantum computing. Schwartz has explained in public talks and interviews that XRP’s architecture was designed with quantum threats in mind. Unlike Bitcoin , which uses ECDSA exclusively, XRP’s ledger supports multiple signature algorithms, including those considered more resistant to quantum attacks, such as Ed25519. This flexibility allows XRP to adopt stronger quantum-resistant cryptographic methods without fundamentally overhauling the entire network, a critical advantage as the quantum horizon approaches. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Broader Industry Implications The BlackRock warning has reverberated across the crypto industry, sparking renewed interest in quantum-resistant blockchains and prompting questions about Bitcoin’s adaptability. Bitcoin developers have long acknowledged the risk, but upgrading Bitcoin’s cryptographic backbone is no small feat. Any major change would require broad community consensus and meticulous coordination to avoid fragmenting the network or introducing unforeseen vulnerabilities. In contrast, Ripple’s proactive approach exemplifies a broader design philosophy that prioritizes long-term adaptability. By building in cryptographic flexibility from the outset, Ripple positioned XRP as a digital asset better suited to evolve with technological advances. This architectural foresight may prove critical as the blockchain sector confronts challenges far beyond regulatory hurdles or market volatility. Preparing for a Quantum Future The fusion of BlackRock’s institutional credibility and Schwartz’s technical authority underscores a sobering truth: quantum computing is no longer a theoretical concern—it’s a ticking clock for blockchain security. While some developers argue that the industry has ample time to prepare, others warn that the window for seamless upgrades is narrowing. What’s clear is that investors, developers, and institutions alike must engage seriously with the quantum question. Assets like XRP, designed with quantum resilience in mind, may increasingly stand out in a crowded field where not all blockchains are equally prepared for the post-quantum era. As BlackRock’s warning gains traction, it corroborates years of technical foresight from Ripple’s leadership, bringing new urgency to a debate that could define the next era of digital finance. Whether Bitcoin can successfully pivot to quantum-resistant cryptography remains to be seen, but the conversation has unmistakably shifted: the future of blockchain security is quantum, and the time to prepare is now. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post BlackRock Warning Corroborates Ripple CTO On Why Quantum Computing Is a Threat to Bitcoin appeared first on Times Tabloid .

Source: TimesTabloid