Why 35% of bitcoin Is vulnerable to quantum attacks

Two recent landmark papers dramatically shortened the timeline for a quantum threat to blockchain security. Project Eleven CEO Alex Pruden joins CoinDesk's Jennifer Sanasie on Markets Outlook to break down what it means for Satoshi's bitcoin, why 35% of all bitcoin is already exposed, and what can actually be done to protect holdings right now.

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Check out CoinDesk’s latest research report as part of the Definitive Stablecoin Landscape Series, commissioned by Ripple: ⁠https://www.coindesk.com/research/the-definitive-stablecoin-landscape-series-north-america⁠

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Timecodes:

00:00 - What You Need to Know About Quantum Computers

03:16 - The Breakthrough Papers Challenging the Quantum Timeline

04:59 - The 9-Minute Bitcoin Attack Window Explained

06:33 - Could a Quantum Computer Exist by 2030 and Can We Catch Up?

10:37 - Who's At Risk?

13:22 - Satoshi's Bitcoin and the $150B Question

17:00 - National Security Implications

19:56 - Predicting How the Quantum Risk Plays Out

21:46 - What Is the Cost of Migrating to Post-Quantum Cryptography?

24:51 - Are Institutions Paying Enough Attention?

28:06 - What You Should Know About Quantum Going into Consensus Miami 2026

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This episode was hosted by Jennifer Sanasie.