Home BlockchainOnly 10K Bitcoin is Quantum-Vulnerable and Worth Attacking

Only 10K Bitcoin is Quantum-Vulnerable and Worth Attacking

by CoinTelegraph
0 comments

Digital asset manager CoinShares has brushed aside concerns that quantum computers could soon shake up the Bitcoin market, arguing that only a fraction of coins are held in wallets worth attacking.

In a post on Friday, CoinShares Bitcoin research lead Christopher Bendiksen argued that just 10,230 Bitcoin (BTC) of 1.63 million Bitcoin sit in wallet addresses with publicly visible cryptographic keys that are vulnerable to a quantum computing attack.

A little over 7,000 Bitcoin are held in wallets with…

You may also like

Leave a Comment