Gate News message: On April 8, Blockstream CEO Adam Back, in an interview with Bloomberg, said that quantum computers do not yet pose a real threat to the Bitcoin network, but the industry should start preparing immediately. He noted that today’s hardware generally lacks error-correction capabilities, and that quantum risk is a long-term challenge rather than a near-term crisis. Adam Back emphasized that the key issue is not reaching consensus on when quantum computers will have enough capability to pose a serious threat, but rather providing Bitcoin holders with about a decade-long window to migrate keys to a post-quantum format. He said that, so far, a 20-person research team has been carrying out the work continuously, publishing papers and conducting practical deployments, and that Blockstream’s Liquid network has already been put into use as an early testing platform. In addition, post-quantum cryptography has moved from the theoretical stage into the implementation stage, and NIST completed the finalization of the relevant standards by the end of 2024. The industry’s main challenge is how to coordinate and complete an orderly migration before the risk becomes urgent.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ARK Invest's Bitcoin 'Conviction Buyers' Holdings Surge 69% in Q1, Hitting Highest Level Since 2020
Gate News message, April 24 — ARK Invest reported that its "Conviction Buyers" bitcoin holdings surged from 2.13 million BTC to 3.6 million BTC in the first quarter of 2026, an increase of 69% and the highest level since 2020. The growth occurred despite bitcoin's price declining 22% during the
GateNews47m ago
Largest Bank in Brazil Moves to Invest in Bitcoin Mining
Itau Unibanco, through its VC arm Itau Ventures, has made an undisclosed investment in Minter, a company that installs mobile data centers and bitcoin mining operations across Brazil. Minter’s approach allows it to take advantage of surplus energy that would otherwise be wasted.
Key Takeaways:
It
Coinpedia1h ago
Bitcoin ETFs Record $335.8M Inflows as Rolling Flows Turn Positive
US spot Bitcoin ETFs recorded US$335.8 million in net inflows on April 22, according to Farside Investors data, marking a return to positive territory across every major rolling period. BlackRock's IBIT led the session with US$246.9 million in inflows, signaling renewed institutional demand for regu
CryptoFrontier1h ago
US Government Operating Bitcoin Node Without Mining, Admiral Indicates
A senior admiral has indicated that the US Government is actively operating a node on the Bitcoin network while deliberately avoiding participation in mining activities. The disclosure suggests that authorities are taking a more involved role in blockchain infrastructure for oversight and
CryptoFrontier1h ago
Bitcoin Stalls at $77.8K Amid Japan Inflation Surge and Iran War Tensions
Gate News message, April 24 — Crypto markets weakened on Friday as Bitcoin hovered near $77,800 and Ethereum fell to $2,300 with a 24-hour decline of 0.8%. The uptrend that began Wednesday from $65,000 has visibly slowed, with Ethereum underperforming Bitcoin.
Market pressure stems from Japan's Mar
GateNews2h ago
