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The rise of quantum computing is becoming a focal point in the entire digital asset community. Once this technology matures enough, the security defenses of the Bitcoin network could face unprecedented challenges.
How serious is the problem? According to industry analysis, approximately one-third of the circulating Bitcoin holdings currently have vulnerabilities. These assets are fragile mainly due to their key storage methods. Especially those using P2PK type addresses or repeatedly using P2PKH addresses—once quantum computers become powerful enough, they could theoretically reverse-engineer private keys from public keys. In other words, hackers might bypass existing elliptic curve cryptography protections and gain control directly. Market data shows that the value of such high-risk assets has already reached tens of billions of dollars.
But there's no need to panic excessively. For quantum computing to truly threaten Bitcoin, it still has a long way to go. Industry estimates generally suggest that this process will take at least several years, possibly even longer. This provides the crypto community with valuable response time. Bitcoin development teams and other blockchain projects are already paying attention to this area, and future protocol upgrades that introduce quantum-resistant algorithms are expected to become the mainstream approach.
Ultimately, this discussion reminds us of a reality: technological waves will always impact existing systems. For investors and builders, it’s important to seize innovation opportunities while also preparing for unknown risks. This is a critical consideration for mature market participants.