Bitcoin Quantum Threat Decades Away, Experts Urge Network Upgrades
The post Bitcoin Quantum Threat Decades Away, Experts Urge Network Upgrades appeared on BitcoinEthereumNews.com.
Quantum computing currently poses no immediate threat to Bitcoin’s security, as existing quantum systems lack the power to crack its cryptography. Experts like Adam Back estimate viable risks may emerge in 20-40 years, giving time for network upgrades. Bitcoin’s elliptic curve cryptography requires over 2,500 stable qubits to break, far beyond today’s prototypes with high error rates. Industry leaders are proactively developing quantum-resistant protocols to safeguard the network long-term. Recent data shows increasing adoption of SegWit addresses among Bitcoin holders, enhancing resistance to potential quantum attacks. Discover if quantum computing threatens Bitcoin in 2025: Expert insights on risks, timelines, and upgrades. Stay ahead with quantum-resistant strategies for secure crypto holdings today. Is Quantum Computing a Threat to Bitcoin? Quantum computing represents a potential long-term challenge to Bitcoin’s security, but it is not an imminent danger according to cryptography experts. Current quantum prototypes from companies like IBM and Google operate with limited qubits and suffer from high error rates, insufficient to compromise Bitcoin’s elliptic curve digital signature algorithm (ECDSA). Adam Back, CEO of Blockstream and a prominent figure in cryptography, has stated that quantum computers capable of breaking Bitcoin would likely not arrive for 20 to 40 years, allowing ample time for protocol enhancements. Quantum computing has made some progress, but not to the extent that it could pose a threat to the Bitcoin network and related wallets. According to Adam Back, CEO of Blockstream and a cypherpunk who was once mistaken for Satoshi, quantum computers right now can’t crash BTC. He discredited a post that claimed that the only thing that could crash BTC by 99% from $87k to $3 is a quantum computer capable of cracking wallets and the entire network. Last month, Back said that quantum computers could only become stable and pose a threat to BTC in…
