Coinbase researcher: 1/3 of Bitcoin supply vulnerable to quantum computing

One-third of Bitcoin's total supply could be vulnerable to attacks from quantum computing, David Duong, head of institutional research at Coinbase, said in an interview with DL News. He explained that quantum computers could undermine Bitcoin's current security model by either distorting the network's reward structure through hyper-efficient mining or by deriving private keys from public keys to steal funds. Duong emphasized that given the current pace of technological development, the threat of private key derivation is the core challenge facing Bitcoin, more so than the mining-related risk.