Starknet Says 1.7 Million Bitcoin Are Held in Public-Key-Exposed Addresses, Quantum Attack Resource Estimate Falls to One-Twentieth
JH Kim
Summary
- Starknet said 1.7 million Bitcoin are stored in addresses with exposed public keys.
- Starknet said estimates for the resources needed for an attack using quantum computers have fallen to one-twentieth of previous levels.
- It said public-key exposure in Bitcoin addresses could become a security risk if quantum computers' code-breaking capabilities improve in the future.
Forecast Trend Report by Period
About 1.7 million Bitcoin are being held in addresses with exposed public keys, according to Starknet, Cointelegraph reported on October 20.
The blockchain project also said the estimated resources needed to carry out an attack using quantum computers have fallen to one-twentieth of previous projections.
Exposure of a Bitcoin address's public key could become a security risk if quantum computers develop stronger code-breaking capabilities in the future. That alone does not mean the Bitcoin can be stolen today.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.