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Glassnode Warns 31.2% of Bitcoin Supply Has Exposed Public Keys, Raising Quantum Risk

Glassnode Warns 31.2% of Bitcoin Supply Has Exposed Public Keys, Raising Quantum Risk

Photo: ZyCrypto

Bitcoin’s long-term security is facing renewed scrutiny after Glassnode co-founder Rafael Schultze-Kraft estimated that 6.26 million BTC, representing 31.2% of the cryptocurrency’s supply, sits in addresses with exposed public keys. The findings follow an urgent warning from Ethereum Foundation researcher Justin Drake, who urged the blockchain industry to prepare for a potential cryptographic breakthrough that could put existing wallets at risk. “ Today I call upon the blockchain industry to calmly begin planning for ‘bunker mode,” Drake wrote in a post on X Wednesday, recommending a controlled migration of assets to fresh addresses whose public keys remain hidden behind a…

Source: ZyCrypto

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