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EU watchdogs warn quantum computing threatens blockchain encryption

The warning revives concerns over how bitcoin should handle legacy addresses after public keys are already exposed on-chain.

Reported · Written up by our desk · Regulation

CoinDesk reports that EU financial watchdogs are warning that quantum computing poses an imminent threat to blockchain encryption.

The alert adds urgency to a renewed debate around bitcoin, specifically how the network should address legacy addresses whose public keys are already exposed on-chain.

The concern centers on potential vulnerabilities that could emerge as quantum capabilities progress, particularly for cryptographic mechanisms used to secure transactions.

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