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 emphasized the importance of preparation. As a pioneer in Bitcoin's history, dating back to the 1990s, Back has stressed that while the theoretical risk of quantum computing is real, it is not yet a practical concern. In a recent interview with Bloomberg, Back pointed out that curr…