Bitcoin’s quantum threat is distant, but migration clock is ticking, says Adam Back
Summary
Blockstream CEO Adam Back argues that while quantum computers do not currently pose an immediate threat to Bitcoin, the industry must proactively prepare for the future. He emphasizes that the focus should be on providing users with a sufficient transition period, estimated at around a decade, to migrate their keys to quantum-resistant formats. This proactive approach relies on ongoing cryptographic research and testing, such as those conducted on the Liquid network, to ensure a gradual and coordinated security upgrade before quantum technology reaches a practical level of capability.
(Source:CoinDesk)