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'Don’t Be Silly': Satoshi Associate Dismisses Bitcoin Quantum Collapse Claims

'Don’t Be Silly': Satoshi Associate Dismisses Bitcoin Quantum Collapse Claims

Photo: U.Today

Bitcoin developers have renewed the discussion about the long-term security of the network amid the development of quantum computing ("Q-Day"). The trigger was an interview StarkWare CEO Eli Ben-Sasson gave to journalist Pete Rizzo. According to Ben-Sasson, without the implementation of a "quantum fix," Bitcoin will lose its leadership, and its market value will collapse due to the physical limitations of current computing systems. Criticism of these forecasts came from Adam Back, the creator of Hashcash, co-founder of Blockstream and one of the cryptographers mentioned by Satoshi Nakamoto in the Bitcoin whitepaper .

Source: U.Today

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