🚨 MORE THAN 7.1 MILLION BTC HAVE EXPOSED PUBLIC KEYS – QUANTUM COMPUTER THREAT IN THE SPOTLIGHT!
⚠️ Noteworthy data from Glassnode is raising concerns about Bitcoin’s long-term security in the face of quantum computing advances. $BTC
According to the data, around 7.12 million BTC, equivalent to 35.4% of Bitcoin’s total supply, are held in addresses whose public keys have been revealed on the blockchain.
When a Bitcoin address makes an outgoing transaction, its public key may be exposed on the blockchain. If sufficiently powerful quantum computers emerge in the future, these public keys could become targets for attack algorithms seeking to discover the corresponding private keys.
This means that the BTC remaining in addresses with exposed public keys could face long-term security risks.
Glassnode says that moving Bitcoin to a completely new address could eliminate risks associated with an exposed public key, provided the new address uses an appropriate cryptographic structure. However, this has not yet been verified.
It should be emphasized that quantum computers are not currently capable of breaking Bitcoin’s cryptography in this way. This is a potential future risk, not an ongoing attack.
#bitcoin #blockchain #CryptoSecurity
$NEAR $BTC
⚠️ Noteworthy data from Glassnode is raising concerns about Bitcoin’s long-term security in the face of quantum computing advances. $BTC
According to the data, around 7.12 million BTC, equivalent to 35.4% of Bitcoin’s total supply, are held in addresses whose public keys have been revealed on the blockchain.
When a Bitcoin address makes an outgoing transaction, its public key may be exposed on the blockchain. If sufficiently powerful quantum computers emerge in the future, these public keys could become targets for attack algorithms seeking to discover the corresponding private keys.
This means that the BTC remaining in addresses with exposed public keys could face long-term security risks.
Glassnode says that moving Bitcoin to a completely new address could eliminate risks associated with an exposed public key, provided the new address uses an appropriate cryptographic structure. However, this has not yet been verified.
It should be emphasized that quantum computers are not currently capable of breaking Bitcoin’s cryptography in this way. This is a potential future risk, not an ongoing attack.
#bitcoin #blockchain #CryptoSecurity
$NEAR $BTC
