According to Forbes, Vaulted CEO David McAlvany stated that quantum computing could lead to the disappearance of Bitcoin within the next four years. Galaxy Digital estimates that addresses holding approximately 7 million BTC have exposed their public keys, valued at around $470 billion; Glassnode estimates 6.04 million BTC, representing 30.2% of Bitcoin’s supply. Bitcoin developers currently hold differing views on solutions: BIP-360 proposes introducing quantum-resistant address types, while BIP-361 plans to phase out support for legacy signatures. Companies such as BOLTS Technologies and American Fortress are also developing quantum-resistant solutions, with American Fortress completing an $8 million seed round in May.
Vaulted CEO Warns Quantum Computing Could End Bitcoin in 4 Years
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Summary
Bitcoin breaking news: Vaulted CEO David McAlvany warned that quantum computing could threaten Bitcoin within four years. Galaxy Digital estimates 7 million BTC in exposed public keys, valued at $470 billion. BIP-360 and BIP-361 propose quantum-resistant solutions. BOLTS and American Fortress are developing alternatives, with the latter raising $8 million in May. Bitcoin news underscores growing urgency around security upgrades.
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