PANews reported on April 10th that, according to TBPN, Binance founder Changpeng Zhao stated in an interview that quantum computing may break existing encryption mechanisms, and Bitcoin may need to upgrade to quantum-resistant cryptography via a hard fork. He pointed out that quantum computing will give rise to new encryption algorithms, and there are already quantum-resistant encryption algorithms that quantum computers cannot break; simply upgrading the protocol to use these encryption mechanisms will solve the problem.