Adam Back Says Quantum Threat to Bitcoin Is Decades Away, Urges Gradual Migration to Post-Quantum Security
Summary
Blockstream CEO Adam Back asserts that quantum computing currently lacks the power to compromise Bitcoin's encryption, characterizing modern quantum hardware as early-stage experimental prototypes. Despite estimating that a functional threat is decades away, Back emphasizes the importance of a gradual, proactive transition to post-quantum cryptographic signatures. He points to recent progress in industry standardization as a foundational step for future security, while also dismissing concerns that artificial intelligence poses a structural risk to Bitcoin's integrity.
(Source:Bitcoin Magazine)