EU Supervisors Warn Quantum Computing Could Weaken Bitcoin Cryptography
- —EBA, EIOPA and ESMA flagged quantum computing as a threat to blockchain cryptography
- —CryptoQuant: 6.89M BTC potentially exposed, including 1.91M BTC in P2PK addresses
- —3.4M BTC dormant over 10 years, about 1M linked to Satoshi Nakamoto
- —EU Commission targets post-quantum transition start by end-2026, deadline 2030
Why it matters: A quantum threat could force Bitcoin's community to change cryptography via consensus, risking disputes and competing forks.
Source: The Coin Republic