Bitcoin’s Quantum Threat: Experts See 20-40 Year Delay

Despite concerns about the potential threat of quantum computing to Bitcoin, industry leaders believe the technology is decades away from impacting crypto systems. Bitcoin pioneer and Blockstream CEO Adam Back suggests that practical quantum computers are unlikely for at least the next two decades. He emphasizes this progress will provide ample time for Bitcoin’s security protocols to evolve. Back highlights that while current cryptographic algorithms could be vulnerable to powerful quantum machines, solutions like post-quantum cryptography are already under development, and the open-source nature of Bitcoin allows for gradual protocol upgrades in case a faster advance is anticipated.