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, April 1 (UTC+8) — OneKey founder Yishi posted on X saying that the so-called “Google 2029 deadline” is only an internal migration goal, with no direct relation to when Bitcoin will be broken by quantum computing, and that linking the two is misleading. Yishi said the claim that “6.26 million BTC are at risk” is inaccurate: only early P2PK addresses that have long been exposed to public keys are at risk. Standard addresses will not expose public keys if they are not reused, so counting all addresses as at risk is an exaggeration. In addition, he emphasized that Bitcoin uses signatures rather than encryption, so there is no “store now, break later” attack path. At present, quantum devices only have a few thousand noisy qubits, and breaking ECDSA would require several million stable qubits. He said the quantum threat is real but not imminent. The Bitcoin community has already been working on post-quantum cryptography solutions, so there is no need for panic-driven portrayals. (Source: PANews)