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Nearly a Third of Bitcoin Has Exposed Public Keys

Original: Nearly 1 in 3 Bitcoin Is Sitting With Its Public Key Exposed, and the Number Keeps Growing

Reports say nearly one in three bitcoin is held in wallets whose public keys are exposed, and the share keeps growing. The figure comes from on-chain analysis of spending patterns: once bitcoin is moved from an address, its public key becomes visible, leaving those coins reliant on elliptic curve cryptography alone rather than the stronger hash-based protections of untouched addresses. Commentary focuses on long-term security risks, particularly future quantum computing threats, and on whether holders should move coins to fresh addresses.

Why now: Growing concern about quantum computing and long-term wallet security has put renewed attention on how much bitcoin is exposed.

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