The potential threat of quantum computing breaking current cryptography used by bitcoin and ethereum is a significant long-term concern. while not an immediate danger, it could affect a large portion of existing btc supply and requires proactive preparation.
The source is ledger cto, a reputable figure in hardware security for cryptocurrencies, and the information aligns with known theoretical risks of quantum computing on cryptography.
The immediate price impact is likely neutral as this is a long-term, theoretical threat. however, it could influence investor sentiment and development focus for the future.
Quantum computing is still in its developmental stages, and its ability to break current cryptographic standards is a future risk, not an immediate one. preparation and mitigation strategies will take years to implement.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. According to Ledger CTO Charles Guillemet, blockchain security relies heavily on Elliptic Curve Cryptography, as seen in public and private keys. Advertisement While not an immediate threat, it is believed that once quantum computers are powerful enough, Elliptic Curve Cryptography could be broken, meaning private keys could be computed from exposed public keys. Guillemet added that while it is tempting to think Bitcoin public keys "usually aren’t on-chain," this is not so as, in practice, public keys are revealed when users spend, and some are already exposed in early outputs and through address reuse. HOT Stories Wikipedia Co-Founder: No One Is Using Bitcoin as Money XRP-Friendly SBI to Launch Japan Stablecoin in Q2, Ethereum May 'Flip' Bitcoin in Five Years Amid Quantum Threat, Cardano's USDC Eyes Two-Day Deadline: Morning Crypto Report Given this threat, "wait and see" is not an option, according to Guillemet, as preparation has to start long before quantum capability becomes real. Advertisement The good news, however, is that post-quantum cryptography provides quantum-resistant signature schemes, mainly in two families: hash based and lattice based. Hash based are large signatures, very conservative but well studied. Lattice based are modern, more scalable and have seen less long-term study. While the math is just one piece of the puzzle, implementing it securely into signers is where things get tricky, Guillemet added. What does post-quantum computing actually mean in daily life? Kicking off a series on PQC in hardware signers. @DonjonLedger explores what matters in practice: implementing PQ signatures inside Secure Elements under real embedded constraints and threat models. 🧵 pic.twitter.com/9uGtbXUzf5 — Charles Guillemet (@P3b7_) February 27, 2026 Hardware signers are now the gold standard for securing crypto, according to the Ledger CTO, as keys stay offline and signing happens inside a secure element. Advertisement Guillemet revealed that the ledger is currently working on post-quantum cryptography experiments, running software only (no hardware acceleration) implementations directly inside Secure Elements, however, RAM pressure and compute cost remain major bottlenecks. Seven million BTC at risk? Experts warn that quantum computers powerful enough to break Bitcoin 's cryptography might put about seven million coins, including about one million attributed to Satoshi Nakamoto, at risk. You Might Also Like Tue, 11/25/2025 - 14:39 Scam Alert: Ledger CTO Issues Major Zero-Click Vulnerability Warning to Crypto Users By Godfrey Benjamin Seven million coins out of a 19.99 million BTC circulating supply are at risk due to this: in Bitcoin’s early years, pay-to-public-key (P2PK) transactions embedded public keys directly on-chain. Modern addresses often reveal only a hash of the key until coins are spent, but once a public key is exposed through early mining or address reuse, exposure remains permanent. In a well advanced quantum scenario, those keys could, in theory, be reversed. Crypto participants are already moving ahead of this threat. On Thursday, ETH cofounder Vitalik Buterin outlined a roadmap to secure the Ethereum blockchain from the long-term risks posed by quantum computers. Although practical quantum computers capable of breaking modern cryptography do not yet exist, they could eventually crack the digital signatures and cryptographic systems that secure Ethereum. #Ledger #Cryptocurrency #Quantum Computing #Bitcoin