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Quantum computing could break Bitcoin encryption by 2030-2032, risking millions of BTC in exposed wallets.

Market News
18 May 2026
Blockonomi
View Source
Neutral
pluang ai news

Citi warns that quantum computing advancements may break Bitcoin's encryption between 2030 and 2032, exposing an estimated 6.7 to 7 million BTC in wallets with public keys already revealed. Bitcoin's transaction structure and conservative governance make it vulnerable and slow to adapt to quantum threats, requiring difficult consensus for upgrades. Ethereum, with more flexible governance, is better positioned to implement quantum-resistant changes. Industry experts emphasize that the main challenge is coordination and preparation rather than the technology itself, highlighting the need for post-quantum encryption adoption soon.

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