Post by Bitcoin Suisse AG

The inventor of Hashcash, Adam Back, spent months trying to improve Bitcoin after the network launched. Most things he changed broke it or made it worse. That's precisely why he believes Bitcoin is a discovery rather than an invention. While it may have happened sooner or later, it sits in a tiny, unique pocket of the design space of possible networks. He also tackles the risks a discovery alone doesn't solve: quantum computing timelines, the security budget, and why he thinks Bitcoin's developers are further ahead on those threats than critics expect.

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