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Quantum Computing Threatens 30% of Bitcoin Supply, Research Reveals

From moneycheck.com

Almost a third of the entire Bitcoin supply currently faces potential theft should quantum computing technology advance to levels capable of breaking existing cryptographic protections, new blockchain analytics from Glassnode indicate. {tweet} Glassnode’s comprehensive blockchain examination identified which coins have exposed their public cryptographic signatures. Their findings show 6.04 million BTC—valued above $469 billion—sits vulnerable to quantum threats. Meanwhile, 13.99 million BTC remains protected with no public key visibility. Understanding the Security Gap Bitcoin‘s protection system depends on the ... (full story)

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  • Category: Fundamental Analysis