New research reveals that $455 billion in Bitcoin is exposed to quantum attack risk through address reuse, representing a 16% increase since 2020.
The analysis highlights a growing vulnerability in the Bitcoin network as quantum computing capabilities advance.
Key Findings
$455 billion in Bitcoin is exposed to quantum attack risk via address reuse.
This represents a 16% increase in exposure since 2020.
Address reuse is the primary vector through which quantum computers could target Bitcoin holdings.
The research underscores the need for the Bitcoin community to accelerate work on quantum-resistant cryptographic solutions.
The findings serve as a wake-up call for the cryptocurrency community, emphasising the need to develop and deploy quantum-resistant security measures before quantum computers reach the capability threshold required to exploit current vulnerabilities.
