On August 18th, Project Eleven announced the release of Bitcoin RISQ list version 2.0. It is a tool that can detect and analyze bitcoin addresses that are vulnerable to quantum computing (QC). According to a study by Anthony Milton and Clara Shikhelman, 32.7% of the currency circulation is prone to long-range attacks in QC. Salvador direction of 6,272 BTC is one of the weak supply.
The introduction of El Salvador’s P2SH public orientation (32IXEDVJWO3KMVJGMTZQ5JAQVZZEUWNQZO) in the Bitcoin RISQ List Tool indicates that the reason for its vulnerability is reuse.
country He’s $715,732,671 in BTC. At the time of writing.
Mempool.space, Bitcoin’s Block Explorer, shows its address I have 337 UTXO (non-date output) of bitcoin and about 829 transactions have been created Because it was created.
Quantitatively competent computers (not present today) can derive private keys from Elle Vadoran’s public keys with traceable and powerful fingerprints since they were revealed by Nayib Bukele in March 2024 on their X accounts.
With the presumption that El Salvador may not be publicly known to the Bitcoin direction, it is not guaranteed that they are immortal and not reused.
Hypothetically, these BTCs in El Salvador are considered safe if the total funds for these alternative wallets have never been spent.
This means that many wallets (PKH, P2WPKH, P2SH, or P2WSH) are based on the prerequisite for expenditure output. For now, it remains riskless.
As I wrote in Cryptootics, roughly 32.7% of currency circulation supply is prone to long attacks using QC.
Therefore, El Salvador is not the only important actor who has to migrate Bitcoin into a quarantined defence wallet at once.
For now, the worst-placed entities are exchanges. As demonstrated on the Bitcoin RISQ list, wallets Fleece de Vinance, Robinhood, Bitfinex, OKX, and Bitmex are from the perspective of having the highest Bitcoin holdings in the world. They all have something in common: They have been reused thousands of times and have amazing fingerprints.
The risks of QC exist, but the analysts and developer community doesn’t seem to think it’s imminent.
It is estimated that the first quantum computers that can break traditional encryption are still 10 or 15 years away.
The most enthusiastic futurists believe that “Q-Day,” a hypothetical moment in which one or more computers break one or more basic encryption systems, only five or seven years.
(TagStoTRASSLATE) Quantum Computing (T) EL SALVADOR (T) Latest
