OneKey Founder: "Google's 2029 deadline" is only an internal migration target and has no direct relation to when Bitcoin will be broken by quantum computing.

ME News update, April 1 (UTC+8): OneKey founder Yishi posted on X that the so-called “Google 2029 deadline” is only an internal migration goal and has no direct relation to when Bitcoin will be broken by quantum computing, and tying the two together is misleading. Yishi said the claim that “6.26 million BTC are at risk” is inaccurate: only early P2PK addresses that have had their public keys exposed for a long time are at risk. Standard addresses will not expose their public keys if they aren’t reused, so including all addresses in the risk calculation is an exaggeration. In addition, he emphasized that Bitcoin uses signatures rather than encryption, so there is no “store first, break later” attack path. At present, quantum devices only have thousands of noisy qubits, and breaking ECDSA would require millions of stable qubits. He said the quantum threat is real but not imminent; the Bitcoin community is already working on post-quantum cryptography solutions, so there is no need for fear-driven sensationalism. (Source: PANews)