The Quantum Issue: Bitcoin Quantum Exposure at Block 950,000

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Bitcoin’s exposure to quantum computing is concentrated in coins with public keys already revealed on-chain, including reused-address funds and coins spent from legacy outputs. At block 950,000, these holdings represent a measurable but not immediate threat: breaking Bitcoin’s cryptography at scale would require quantum capabilities far beyond those publicly demonstrated. The key implication is that Bitcoin has time to develop and coordinate a migration to quantum-resistant signatures, but dormant exposed coins and the network’s upgrade process make preparation important.

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