Odaily Planet Daily reports: Adam Back, CEO of Blockstream, said in an interview with Bloomberg that quantum computers currently do not pose an actual threat to the Bitcoin network, but the industry should begin preparing immediately. He noted that current hardware generally lacks error correction capabilities, making quantum risk a long-term challenge rather than an imminent crisis.
Adam Back emphasized that the core issue is not about reaching consensus on when quantum computers will become sufficiently threatening, but rather about providing Bitcoin holders with a decade-long window to migrate their keys to quantum-resistant formats. He noted that a team of 20 researchers is currently working continuously on this, publishing papers and implementing practical solutions, with Blockstream’s Liquid network already serving as an early test platform.
In addition, post-quantum cryptography has moved from the theoretical stage to implementation, with NIST finalizing related standards by the end of 2024. The primary challenge facing the industry is coordinating an orderly migration before the risks become urgent.