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)
$0.002624
$0.002624$0.002624
+0.22%
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 service@support.mexc.com 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.

You May Also Like

Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury

Strive Finalizes Semler Deal, Expands Its Corporate Bitcoin Treasury

Strive had finalized its acquisition of Semler scientific after securing the approval of shareholders earlier in the week. The final deal brought both firms’ Bitcoin
Share
Tronweekly2026/01/17 12:30
Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun

Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun

The post Why 2026 Is The Year That Caribbean Mixology Will Finally Get Its Time In The Sun appeared on BitcoinEthereumNews.com. San Juan, Puerto Rico’s La Factoría
Share
BitcoinEthereumNews2026/01/17 12:24
EUR/CHF slides as Euro struggles post-inflation data

EUR/CHF slides as Euro struggles post-inflation data

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
Share
BitcoinEthereumNews2025/09/18 03:08