Bitcoin’s quantum threat is distant, but migration clock is ticking, says Adam Back Says

What Happened

Blockstream CEO Adam Back said quantum computing poses a real but not immediate threat to Bitcoin. Current quantum hardware lacks error correction capabilities. Back emphasized preparing Bitcoin for migration to quantum-resistant cryptography rather than dismissing the threat entirely. Post-quantum cryptography standards were finalized by NIST in late 2024. Back proposed a decade-long migration window for users to move keys to quantum-ready formats. Blockstream's research team is actively working on implementation across the ecosystem.

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