Adam Back: Quantum threat is "very early stage," will not pose a threat to Bitcoin in the next decade
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Adam Back: Quantum threat is "very early stage," will not pose a threat to Bitcoin in the next decade
According to Cointelegraph, Bitcoin developers and investors differ in their assessment of quantum computing risks. Adam Back, co-founder of Blockstream, considers the quantum threat to be "very early stage" and unlikely to pose a real threat to Bitcoin over the next several decades. However, Nic Carter, partner at Castle Island Ventures, pointed out that developers' dismissive attitude toward the risk has negatively impacted Bitcoin's price and hindered capital inflows.
Navigating Web3 tides with focused insightsTechFlow, December 19 — According to Cointelegraph, Bitcoin developers and investors are divided over quantum computing risk assessments. Adam Back, co-founder of Blockstream, considers the quantum threat to be "very early stage" and unlikely to pose a real threat to Bitcoin within the next few decades. However, Nic Carter, partner at Castle Island Ventures, pointed out that developers' dismissive attitude toward the risk has negatively impacted Bitcoin's price and hindered capital inflows.
