The Quantum Threat to Bitcoin is Still in the Distance, but Time is Running Out for a Smooth Transition, According to Adam Back
Adam Back, CEO of Blockstream, has downplayed the immediate risks posed by quantum computing to the Bitcoin network, but stressed the importance of preparing for the future. As a pioneer in the field of cryptography, dating back to the 1990s, Back argued that while the theoretical risks of quantum computing are real, they are not yet a practical concern, in a recent interview with Bloomberg. He p…