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Project Eleven Warns Bitcoin, Ethereum Quantum Threat Could Arrive by 2030
Project Eleven said quantum computers capable of breaking the elliptic curve signatures used by Bitcoin and Ethereum could arrive as early as 2030. The report said about 6.9 million Bitcoin and more than 65% of ETH are already held in quantum-exposed addresses. Bitcoin developers are weighing proposals, and the Ethereum Foundation has formed a team to plan a post-quantum migration that could take years to execute.