Quantum Threat Looms Over 10% of Bitcoin Supply
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Glassnode's recent analysis reveals that nearly 10% of the Bitcoin supply is structurally exposed to a potential quantum computing breakthrough. This vulnerability stems from coins held in addresses that rely on older, less secure cryptographic standards, which could be compromised by sufficiently advanced quantum algorithms. The findings underscore the urgency of implementing quantum-resistant upgrades, such as BIP-360, to safeguard the network's long-term security. While the immediate risk remains low, the window for proactive measures is narrowing as quantum technology advances. The market has shown minimal reaction, but this development adds a layer of uncertainty to Bitcoin's future resilience.
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