Illustration of Bitcoin quantum computing risks focusing on exchange wallets and protective solutions.
Illustration of Bitcoin quantum computing risks focusing on exchange wallets and protective solutions.
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Bitcoin quantum risks concentrate on exchange wallets, data shows

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New analysis reveals that over 30 percent of Bitcoin's supply sits in wallets vulnerable to future quantum attacks, with exchanges holding a disproportionate share of the exposure. A startup has proposed a soft-fork solution to protect even dormant holdings, including Satoshi Nakamoto's estimated 1.1 million coins.

Blockchain analytics firm Glassnode reported that 6.04 million bitcoin, or 30.2 percent of the circulating supply, reside in addresses where public keys have already been exposed on the blockchain. The firm identified exchanges as the primary concentration point, noting that roughly half of all bitcoin held by labeled trading platforms falls into this category compared with less than 30 percent of non-exchange supply.

Was die Leute sagen

Initial reactions on X focus on Glassnode data showing significant Bitcoin exposure to quantum risks in exchange wallets and dormant holdings including Satoshi's, with users noting the disproportionate impact on exchanges. Opinions range from calls for caution due to added uncertainty, to viewing the proposed soft-fork protection for vulnerable coins as forward-thinking and potentially genius, though some express mild skepticism about its flawless implementation.

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Polymarket internal wallet drained of over $500,000

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