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Why El Salvador split $678M in Bitcoin to guard against a quantum threat that isn’t here yet
What exactly did El Salvador do? The government redistributed roughly 6,274 BTC (around $678 million at publication time) from one address into 14 fresh addresses, each capped at 500 BTC, as a ...
El Salvador has transferred its 6,274 Bitcoin into 14 new wallet addresses as part of a security measure to protect against the threat of quantum attacks. El Salvador has redistributed its Bitcoin ...
El Salvador has announced plans to split its vast bitcoin holdings into multiple wallets in order to protect against potential quantum attacks. The Central American country owns roughly half a billion ...
El Salvador, the country with one of the largest Bitcoin treasuries, made a surprising move on Aug. 30 when it transferred its BTC holdings to 14 new addresses. The Bitcoin Office of the country ...
Bitcoin and other cryptocurrencies are now embedded in the global financial system. Countries are creating strategic reserves, and institutional investors, from hedge funds to pension schemes, are ...
El Salvador has overhauled how it stores the nation’s bitcoin, saying the change both strengthens security today and prepares for technological risks that could emerge in the future. In an ...
Quantum computing and the threat it poses to encrypted blockchains has once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers ...
Quantum computing’s accelerating breakthroughs are forcing the crypto sector to confront a long-anticipated question. How long before quantum machines can break Bitcoin security? Blockchain analytics ...
We outline a dual-track migration strategy for Bitcoin in response to the potential emergence of quantum computing. In both scenarios, funds that are carefully managed, i.e., stored in hashed address ...
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