Ark Invest: About One-Third of Bitcoin Supply Still Faces Potential Threat from Quantum Computing
ChainCatcher reports that Ark Invest and Unchained jointly released a report stating that although most of the bitcoin supply is secure against quantum computing breakthroughs, about 34.6% of bitcoin remains at potential risk.
The threatened portion includes approximately 5 million BTC (25% of total supply) that are transferable due to address reuse, about 1.7 million BTC (8.6%) stored in early P2PK addresses, and around 200,000 BTC (about 1%) affected by the P2TR address type. If quantum computers are able to break bitcoin's elliptic curve cryptography (ECC), these funds could be at risk of theft, but this stage is expected to take several more years to achieve. Ark Invest believes this is a "long-term risk," so the bitcoin community has ample time to research and implement quantum protection measures.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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