Nearly 10% of Bitcoin supply is ‘structurally unsafe’ from quantum breakthrough: Glassnode
A recent report by Glassnode indicates that nearly 10% of the total Bitcoin supply is at risk of being compromised due to potential advancements in quantum computing. This vulnerability arises from the possibility that quantum computers could break the cryptographic algorithms that secure Bitcoin transactions. The analysis highlights that approximately 1.9 million BTC, held in wallets that have not been moved for over a year, are particularly susceptible. As quantum technology progresses, the urgency for enhanced security measures in the cryptocurrency space becomes increasingly critical.
Read the full article: Coin Telegraph