Galaxy Digital’s Will Owens says most crypto wallets are not vulnerable to quantum computing risks, and substantial work is being done to address the threat.
The quantum risk to Bitcoin investors is real, but not all wallets are vulnerable, and the people best positioned to address it are working on it, says Galaxy Digital research analyst Will Owens.
Owens said in a report on Thursday that, in theory, a quantum computer could derive private keys from public keys, allowing an attacker to impersonate the owner, forge a signature and steal coins.
However, he argued that not all wallets are equally vulnerable to this risk.
