List of Flash News about Shor's algorithm crypto risk
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2025-05-08 13:55 |
Satoshi's P2PK Bitcoin Holdings Vulnerable to Shor’s Algorithm: Crypto Security Implications in 2025
According to @deanmlittle on Twitter, Satoshi Nakamoto's original Bitcoin holdings are locked in Pay-to-PubKey (P2PK) addresses, not Pay-to-PubKey-Hash (P2PKH), which leaves them completely unprotected against Shor’s algorithm and potential quantum attacks (source: https://twitter.com/deanmlittle/status/1920477775531593867). For active traders, this highlights a significant security risk for early Bitcoin addresses if quantum computing becomes practical, potentially impacting long-term confidence in Bitcoin’s immutability and influencing market volatility. Monitoring developments in quantum-resistant cryptography is now critical for crypto market participants. |