Glassnode: 35.4% of Bitcoin supply has exposed public keys, potentially facing future quantum computing attack risks.
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AT A GLANCE
PANews, citing Glassnode, reported that approximately 35.4% of the Bitcoin supply's public keys have been exposed, potentially making them targets for future quantum computers.
Article
Glassnode: 35.4% of Bitcoin's supply has exposed public keys, potentially becoming a target for quantum computer attacks
PANews November 11 News, according to the latest data from Glassnode, approximately 35.4% of the Bitcoin supply (7120000 BTC) has visible public keys on-chain, which is the part that future quantum computers may attack. Address reuse accounts for 25.8%, and exchanges account for 11.6%. The exposure ratio has continued to rise from 24.8% in early 2021, and the risk exposure under the threat of quantum computing is expanding. Glassnode points out that transferring these tokens to new addresses can eliminate this exposure risk.
PANews, citing Glassnode data on November 11, reported that the public keys of about 35.4% of the Bitcoin supply (7120000 BTC) are already visible on-chain.
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The original text lists address reuse at 25.8% and exchanges at 11.6%.
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The original text states that the exposure proportion has continued to climb from 24.8% at the beginning of 2021.
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Glassnode pointed out that transferring these tokens to a new address can eliminate this exposure risk.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This message focuses on bitcoins whose public keys are already visible on the blockchain and their potential risk of future quantum computing attacks. The original text describes potential attack targets and does not report any actual attacks; moving funds to new addresses can eliminate exposure risk, according to Glassnode's reporting.
Why it matters to readers
According to reports, the proportion of exposed public keys is rising, so the scope of Bitcoin that may face future quantum computing attacks is worth attention, but this does not mean that an attack has already occurred.
A distinction should be made between "the public key is already visible," "it may be attacked in the future," and "it has already been attacked." The potential risks in the report should not be directly interpreted as Bitcoin having already been stolen, nor can the specific security effect of the transfer address be confirmed based solely on this article.
Risks and unknowns
The original text does not provide Glassnode's original statistical methodology, and the relevant data cannot yet be independently verified.
The denominators, classification relationship, and whether there is overlap between address reuse and exchange share are not specified, so they cannot be directly added together for interpretation.
The original text does not provide evidence of quantum computers' actual capability to carry out such attacks or any expected timeline.
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The original text does not explain the applicable conditions and operational details for eliminating the exposure risk simply by transferring to a new address.
Related concepts
Public key
The key in a key pair that is available to the recipient and is used to verify the validity of the sender’s digital signature.