Instead of pooling most coins in one publicly visible address — a practice that left public keys exposed every time […] The post El Salvador Moves $680M in Bitcoin – Here’s the Shocking Reason Why appeared first on Coindoo.Instead of pooling most coins in one publicly visible address — a practice that left public keys exposed every time […] The post El Salvador Moves $680M in Bitcoin – Here’s the Shocking Reason Why appeared first on Coindoo.

El Salvador Moves $680M in Bitcoin – Here’s the Shocking Reason Why

2025/08/31 19:15

Banner magacoin finance

Instead of pooling most coins in one publicly visible address — a practice that left public keys exposed every time a transaction was signed — the country has now spread its 6,280 BTC across multiple smaller wallets. According to blockchain trackers, each address is capped at roughly 500 BTC, with 14 wallets currently holding the reserves.

The decision was prompted by growing conversations around quantum computing, particularly the possibility that next-generation processors could one day crack Bitcoin’s cryptographic protections. Although most experts insist that threat is still years away, El Salvador’s National Bitcoin Office (ONBTC) described the move as “proactive risk management.”

The debate reignited earlier this year when Google showcased “Willow,” a quantum chip capable of solving complex calculations in minutes — an advance that reminded crypto observers how quickly the technology might evolve.

Bitcoin’s elliptic curve cryptography (ECDSA) is widely considered safe today, but a sufficiently powerful quantum machine could, in theory, derive private keys from public ones and forge transactions.

READ MORE:

What Makes XRP Different From Every Other Cryptocurrency

For now, the update doesn’t change El Salvador’s broader accumulation strategy. The country continues to purchase one Bitcoin daily, keeping its total reserves near $680 million. Transparency will remain intact through a public dashboard that tracks balances without reusing old addresses.

By taking this step, El Salvador positions itself as one of the first governments to openly adapt its national Bitcoin strategy to account for quantum-era risks, even if those risks remain speculative today.


The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post El Salvador Moves $680M in Bitcoin – Here’s the Shocking Reason Why appeared first on Coindoo.

Market Opportunity
ELYSIA Logo
ELYSIA Price(EL)
$0.002633
$0.002633$0.002633
+1.03%
USD
ELYSIA (EL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.