PANews February 8 News, CoinShares published an article stating that the quantum vulnerability risk of Bitcoin is controllable. The analysis suggests that the current quantum vulnerability risk of Bitcoin remains far from becoming a real threat. The affected addresses mainly include approximately 1.7 million BTC P2PK addresses, accounting for about 8% of the total supply, with limited overall market impact. Modern Bitcoin addresses (P2PKH/P2SH) hide the public key until spent, further reducing short-term quantum risks. Cracking Bitcoin’s secp256k1 keys is nearly impossible within a year and would require hundreds of thousands of times the current logical quantum bits, making it unlikely to be feasible for at least 10 years. Even in an extremely optimistic scenario, short-term attacks and market shocks are limited. The analysis recommends that quantum vulnerability is a foreseeable long-term engineering challenge. Institutional investors should assess risks based on evidence and pay attention to long-term upgrade and migration plans, but there is no need for panic at this time.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Here’s why bitcoin’s drop below $68,000 raises the risk of a crash under $60,000
President Donald Trump's renewed aggressive posturing toward Iran has pushed bitcoin lower by roughly 2% over the past 24 hours to $67,000. While this price action is consistent with routine volatility, beneath the surface, market structure looks fragile.
This is mainly due to flows in the
CoinDesk18m ago
Bitcoin Hovers Near $67,000 Amid US Political Turmoil and Soaring Energy Prices
Bitcoin traded mostly flat on April 3, hovering near $67,000 despite sharp geopolitical and political developments. The cryptocurrency’s relative stability kept its market cap steady at $1.34 trillion and liquidations low at $31 million.
Political Turbulence Overshadows Conflict
Bitcoin traded
Coinpedia41m ago
Solana Holds Key Support as Bitcoin Rally Lifts Crypto Market
Solana's price remained above $80 amid rising Bitcoin values, contributing to a broader crypto market recovery with a capitalization of $2.35 trillion. Institutional demand and easing geopolitical tensions supported this growth, while Solana led in decentralized finance activity, recording significant DEX and stablecoin volumes in March.
CryptoNewsLand2h ago
Bitcoin Treasury Company Strategy Split: Nakamoto Holdings Cuts Its Position to Take Profit, Strategy Holdings Remain Unchanged
On April 3, under market pressure, Bitcoin Treasury Company adopted different strategies: Nakamoto Holdings sold 284 bitcoins to adjust its balance sheet, while Strategy kept 762,000 BTC untouched. New Hampshire plans to issue Bitcoin-backed municipal bonds, expected to raise $100 million. CoinShares merged with Vine Hill Capital and listed on Nasdaq.
GateNews3h ago
