El Salvador Bitcoin reserve: the government moved 6,274 BTC into 14 separate wallets, each holding up to 500 BTC, to improve custody and reduce exposure to future quantum‑computing threats. A new public dashboard provides transparent monitoring without address reuse.
Split 6,274 BTC into 14 wallets to limit single‑point risk
Move aims to strengthen custody, reduce quantum‑attack exposure and preserve public auditability
Public dashboard launched for transparent monitoring; each new address holds up to 500 BTC
El Salvador Bitcoin reserve splits 6,274 BTC into 14 wallets to limit quantum-computing risk and strengthen custody. View dashboard and security measures.
El Salvador moved 6,274 Bitcoin into 14 new wallets to secure its reserve and mitigate future quantum computing risks.
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El Salvador moved its national Bitcoin reserve—6,274 BTC—out of a single address into 14 new addresses, each capped at roughly 500 BTC. Officials say the step strengthens custody, reduces single‑point failure risk and prepares the reserve for long‑term cryptographic changes.
Splitting funds reduces the impact of a potential future cryptographic break and limits exposure if one private key is compromised.
The Bitcoin Office noted that unused addresses retain hashed public keys, while spent outputs reveal public keys. By holding smaller balances per address, a successful quantum attack would affect fewer coins.
The change reduces the single‑address exposure that can arise once public keys are revealed on spend—lowering theoretical risk from future quantum algorithms. Researchers identify Shor’s algorithm as a long‑term threat to elliptic curve cryptography underpinning Bitcoin.
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Source: https://en.coinotag.com/el-salvador-moves-6274-bitcoin-into-multiple-wallets-to-potentially-mitigate-future-quantum-risks/