The Quantum Threat to Bitcoin: A Distant but Ticking Time Bomb, According to Adam Back
Adam Back, CEO of Blockstream, has played down the immediate threat of quantum computing to the Bitcoin network, but highlighted the importance of preparation. As a pioneering figure in Bitcoin's history, with a background in cryptography dating back to the 1990s, Back argued in a Bloomberg interview that while quantum risk is theoretically real, it is not yet a practical concern. He noted that c…