The Quantum Threat to Bitcoin Remains a Distant Concern, but the Clock is Ticking for Migration, According to Adam Back
Adam Back, CEO of Blockstream, has played down the immediate threat of quantum computing to the Bitcoin network, but stresses the importance of preparation. As a pioneer in Bitcoin's cryptographic development, dating back to the 1990s, Back argues that although quantum risk is theoretically real, it is not yet a practical concern. In a recent interview with Bloomberg, Back pointed out that curren…