PANTERA CAPITAL: QUANTUM THREAT MAY CONCENTRATE VALUE IN CORE BLOCKCHAINS\n\nPantera Capital General Partner Franklin Bi suggests the quantum-resistant competition is underway, observing a market misjudgment regarding traditional finance versus blockchain adaptability.\n\n He notes traditional financial systems face slow, complex, and risky transitions to quantum-resistant upgrades, with security vulnerable at their weakest points. In contrast, blockchain\'s unique upgrade capabilities are underestimated. \n\nTimely, successful upgrades could position certain blockchains as secure havens for data and assets in the quantum-resistant era. Ethereum\'s successful global-scale upgrades, such as The Merge, exemplify this potential. The quantum computing security challenge may ultimately enhance the concentration of value within a few core blockchain networks.