Das Internet lacht über El Salvadors „quantum-safe“ Bitcoin
https://protos.com/the-internet-is-laughing-at-el-salvadors-quantum-safe-bitcoin/
Das Internet lacht über El Salvadors „quantum-safe“ Bitcoin
https://protos.com/the-internet-is-laughing-at-el-salvadors-quantum-safe-bitcoin/
5 Kommentare
tldr; El Salvador’s Bitcoin Office claimed it split its bitcoin holdings across 14 addresses to prepare for potential quantum computing threats, sparking ridicule online. Critics, including Galaxy Digital’s Alex Thorn, argued the move offers little protection against quantum attacks. While certain wallet types are more vulnerable, experts noted that quantum breakthroughs would target larger financial systems before bitcoin. The incident was widely mocked, with many doubting the quantum argument’s validity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The headine isn’t very fair (although I admit that I don’t have all the details!)
I don’t know what El Salvador’s setup was, or exactly what their new setup is, but it does make sense to stop re-using keys. i.e. once you spend from an address, you should spend all the balance and never accept any more to that address
So a multi-address wallet (using a _hardened_ BIP84 wallet) makes sense
IMO the move is about spreading the risk to multiple addresses & not actually about making it ‚quantum-safe‘.
This is just bad “journalism” lol. Diversifying risk is good. If anyone is laughing, it’s because they don’t know anything and think they know not all
I made an exodus wallet and transferred all the btc, eth, and doge into it from robinhood, never spent anything from it. Does it mean my public key is not on the blockchains due to hashed addresses? Quantum safe?