{"id":94073,"date":"2026-02-09T10:19:26","date_gmt":"2026-02-09T07:19:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94073"},"modified":"2026-02-11T11:09:20","modified_gmt":"2026-02-11T08:09:20","slug":"coinshares-assesses-quantum-threat-to-bitcoin-as-minimal","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coinshares-assesses-quantum-threat-to-bitcoin-as-minimal\/","title":{"rendered":"CoinShares Assesses Quantum Threat to Bitcoin as Minimal"},"content":{"rendered":"

The advancement of quantum computing poses no immediate threat to the leading cryptocurrency, according to a report<\/a> by CoinShares.<\/p>\n

The company described the issue as a “predictable engineering challenge,” rather than a crisis.<\/p>\n

Christopher Bendiksen, Head of Research at CoinShares, criticized popular assessments of the network’s vulnerability. Previously, researchers at Chaincode Labs<\/a> suggested that 20% to 50% of all coins are at risk of being hacked. CoinShares believes these figures combine different threat categories and distort the real picture.<\/p>\n

According to the company, only outdated P2PK addresses with publicly visible keys are genuinely at risk. These hold about 1.6 million BTC (8% of the supply). However, the amount on wallets whose compromise could truly crash the market is only 10,200 BTC.<\/p>\n

The remaining coins at risk are spread across 32,000 addresses with an average balance of 50 BTC. Hacking them would take too long, even under the most optimistic technological scenarios.<\/p>\n

The Technical Gap<\/h2>\n

The report’s authors highlighted the weakness of current quantum computers. Cracking a public key in a day would require a system with 13 million physical qubits, 100,000 times more powerful than the most advanced machines today.<\/p>\n

\n

“Google Willow has only 105 qubits. Adding each subsequent qubit exponentially complicates maintaining system stability,” explained Ledger’s CTO Charles Guillemet.<\/em><\/p>\n<\/blockquote>\n

Back in January, analyst James Check stated that the primary weakness of the leading cryptocurrency was large-scale sales by long-term holders, not concerns over quantum computing.<\/p>\n

Later, experts at Benchmark described<\/a> the threat to Bitcoin as “long-term” and “manageable.”<\/p>\n","protected":false},"excerpt":{"rendered":"

The advancement of quantum computing poses no immediate threat to the leading cryptocurrency, according to a report by CoinShares.<\/p>\n","protected":false},"author":1,"featured_media":94074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Quantum computing poses no immediate threat to Bitcoin, CoinShares reports.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1191,575,1360,1252],"class_list":["post-94073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-coinshares","tag-quantum-computers","tag-quantum-computing","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"140","promo_type":"1","layout_type":"1","short_excerpt":"Quantum computing poses no immediate threat to Bitcoin, CoinShares reports.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94073"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94073\/revisions"}],"predecessor-version":[{"id":94075,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94073\/revisions\/94075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94074"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}