PANews reported on August 30th that, according to Cointelegraph, El Salvador previously held 6,274 Bitcoin (worth $678 million) in a single address, but blockchain data shows that these funds were moved to 14 new addresses. The El Salvador Bitcoin Office stated in an X post that "by dividing the funds into smaller amounts, the impact of a potential quantum attack can be minimized," adding that each Bitcoin address can hold a maximum of 500 BTC.PANews reported on August 30th that, according to Cointelegraph, El Salvador previously held 6,274 Bitcoin (worth $678 million) in a single address, but blockchain data shows that these funds were moved to 14 new addresses. The El Salvador Bitcoin Office stated in an X post that "by dividing the funds into smaller amounts, the impact of a potential quantum attack can be minimized," adding that each Bitcoin address can hold a maximum of 500 BTC.
El Salvador distributes Bitcoin to 14 new wallets to mitigate quantum risks
PANews reported on August 30th that, according to Cointelegraph, El Salvador previously held 6,274 Bitcoin (worth $678 million) in a single address, but blockchain data shows that these funds were moved to 14 new addresses. The El Salvador Bitcoin Office stated in an X post that "by dividing the funds into smaller amounts, the impact of a potential quantum attack can be minimized," adding that each Bitcoin address can hold a maximum of 500 BTC.
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