XRP, Quantum Attack Concerns Reignited... "If Satoshi-Era Wallets Burst, It's Over" Warning

▲ XRP/AI generated image

While some early XRP wallets face potential exposure to quantum computer attacks, the majority of the supply remains secure, reigniting market security debates.

According to the cryptocurrency specialized media outlet U.Today on April 30 (local time), an XRP Ledger validator analyzed approximately 7.81 million accounts and found that some early 'Satoshi-era' wallets have a structure that could be vulnerable to quantum attacks. These wallets are accounts that have been inactive for a long time, and due to the nature of their public key structure, they are assessed to have a theoretical attack surface.

However, the proportion of wallets with such potential vulnerabilities among the total supply remained extremely limited. According to the analysis, only about 0.02% fall into this category, with most other accounts maintaining a more secure structure. While early wallets have technical limitations, the current impact on the entire network is interpreted as limited.

Notably, a total of 2.316 billion XRP were confirmed to be safe from quantum attacks. This amount belongs to accounts where public keys have not been exposed or are protected through security measures, thus not being targets for attack. It is also noteworthy that approximately 27.21% of all accounts fall into this safe zone.

Meanwhile, approximately 76.8 billion XRP were theoretically classified as potentially vulnerable to quantum attacks, but most of these accounts have been active until recently and are expected to be addressable through future security upgrades. A considerable number of accounts also feature various security methods, including multi-signature structures, making the immediate realization of actual risk unlikely.

The XRP Ledger is pursuing a phased security enhancement roadmap in preparation for the era of quantum computers. Despite the structural vulnerabilities of some early wallets, the overall system stability is maintained as most of the network's assets are located in secure zones.

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