6 Million BTC Sit Exposed: New Quantum Security Fix for Bitcoin Wallets

NewsThu, 30 Jul 2026 11:08:54 UTC3 hours ago
6 Million BTC Sit Exposed: New Quantum Security Fix for Bitcoin Wallets

Around 6.04 million Bitcoinroughly 30% of the total supply — already have their public keys exposed on the blockchain. That single statistic is what makes quantum security for Bitcoin wallets not a theoretical worry but an active, measurable risk. Now, researchers at AmericanFortress, a Wyoming-based blockchain security company, have put forward a system they believe could protect those wallets without forcing holders to move their funds.

Key takeaways

  • AmericanFortress proposed ZKPoSP (Zero-Knowledge Proof of Seed Provenance), a post-quantum system letting wallet owners prove ownership without revealing their seed phrase.
  • The system supports the most widely used wallet standards: BIP32, BIP44, and SLIP-10.
  • Proof generation benchmarks ran at 12 to 13 seconds; verification took just 9 to 10 milliseconds.
  • Blockchain analytics firm Glassnode estimated about 6.04 million BTC have exposed public keys vulnerable to quantum attacks.
  • ZKPoSP is currently a research proposal — real-world use requires buy-in from wallet providers, exchanges, developers, and miners.

AmericanFortress Proposes ZKPoSP to Secure Crypto Wallets Against Quantum Threats

The system is called ZKPoSP, short for Zero-Knowledge Proof of Seed Provenance, and it represents a fundamental rethink of how wallet ownership gets verified. The research is published in a paper titled “ZKPoSP: Post-Quantum Zero-Knowledge Proofs for Hierarchical Deterministic Wallets.”

… Continue reading the full article at the original source below.

Read from Source · en.cryptonomist.ch ↗
This content is automatically aggregated. Full credit goes to the original publisher (en.cryptonomist.ch).

Related