DLNews - Quantum computing advancements threaten Bitcoin's security, urging users to migrate funds from vulnerable wallets to protect against potential theft
Advances in quantum computing threaten Bitcoin's security, particularly older P2PK wallets holding a significant portion of all Bitcoin, including Satoshi Nakamoto's estimated $107 billion.
Users are urged to transfer their Bitcoin from vulnerable P2PK wallets to newer, more secure ones to protect their funds from potential theft by malicious actors wielding advanced quantum computers.
Ignoring this risk could lead to substantial financial losses as quantum computing technology continues to develop.
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