Adam Back, CEO of Blockstream, confidently stated that quantum computers are not immediately capable of posing a threat to Bitcoin’s market, projecting a timeline of 20 to 40 years for potential risks.
Several Bitcoin investors, including Charles Edwards, emphasize the necessity of bolstering Bitcoin’s defenses against quantum threats by 2026. In response, many holders are transitioning from newer Taproot addresses to more secure Segwit formats.
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