A leading physicist has warned that rapid advances in quantum computing are bringing forward the timeline for breaking modern cryptography, posing a growing threat to Bitcoin (BTC).
According to Chris Tam, director at BTQ Technologies, quantum computing is no longer theoretical but an active, rapidly evolving field, he said in an interview with David Lin published on April 17.
In his assessment, Satoshi Nakamoto did not initially factor quantum threats into Bitcoin’s design, though the risk was acknowledged later.
He added that Bitcoin’s decentralized development model has left the issue of quantum vulnerability as an ongoing, and at times divisive, topic within its community.
The central concern, Tam suggested, is not whether quantum machines will eventually break current encryption standards, but how soon that capability could emerge.
“ Fast forward to the present day, we have this very decentralized network of engineers and maintainers operating over the Bitcoi
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