#reusedbitcoinaddresseshold4.33mbtc
🚹 4.33M BTC have exposed public keys. Is Bitcoin in danger? 👀
Not so fast.
Glassnode estimates that around 6.26M BTC, or 31.2% of supply, sit in address or script categories with exposed public keys.
Here are the numbers:
₿ 4.33M BTC — linked to address reuse
🔓 1.94M BTC — in vulnerable script categories such as P2PK and Taproot
📊 31.2% — estimated share of BTC supply with exposed public keys
📈 +220K BTC — increase in the estimated exposed supply since May
But here’s the critical distinction:
Exposed public key ≠ stolen private key.
Today’s quantum computers have not demonstrated the ability to crack Bitcoin’s cryptography in practice.
The bigger twist? 👀
Bitcoin’s challenge isn’t just inventing quantum-resistant signatures.
It’s upgrading the network, moving coins safely, and deciding what happens to old coins that never move.
🧠 Square Insight: The 4.33M BTC figure isn’t a countdown to a hack. It’s a measure of how complicated Bitcoin’s long-term security migration could become.
👉 What matters more: building quantum-resistant Bitcoin — or getting holders to migrate in time?
#Bitcoin #QuantumComputing #CryptoSecurity
$BTC