Quantum computers likely to reveal if Satoshi is alive — Adam Back

Summary

Adam Back, an early cypherpunk and Bitcoin white paper reference, indicated that quantum computing advancements may eventually force Satoshi Nakamoto to move Bitcoin to avoid asset theft. Current quantum computers do not threaten Bitcoin's cryptography, but Back predicts a potential risk in about twenty years. The Bitcoin community will face a choice between deprecating vulnerable addresses or allowing theft if quantum threats materialize. Back also noted that future privacy features in Bitcoin could complicate whether Nakamoto's identity is revealed if funds are moved. Some community members doubt Nakamoto would act even if alive, preferring to let the community decide on such matters. Back emphasized the need for Bitcoin to prepare for quantum-resistant signatures, suggesting a taproot-based implementation for future transitions.

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