a16z Downplays Immediate Quantum Risk to Crypto, Urges Focus on Current Security Challenges

Andreessen Horowitz (a16z) Crypto states that the quantum computing threat to cryptocurrencies is overstated at present. They emphasize that no quantum computer yet exists capable of quickly breaking cryptosystems like those of Bitcoin or Ethereum. Instead, they recommend prioritizing mitigation of more immediate security vulnerabilities and improving protocol governance.