23 Billion+ XRP Already Quantum Safe, According To New Wallet Analysis
Ripple’s escrow accounts are among the wallets that may not be as protected as they appear. A new breakdown of every account on the XRP Ledger Reports indicate that group includes only 14,710 accounts, compared to 1.33 million in the five-year inactive category. For context, Vet pointed to Bitcoin, where holdings tied to Satoshi Nakamoto make up roughly 5% of total supply — much of which may never be moved. Nobody knows why dormant wallets were abandoned. Lost keys, forgotten accounts, and personal circumstances all come into play. That uncertainty makes them the most difficult part of the quantum exposure problem. The XRP Ledger currently uses Ed25519 and secp256k1 cryptographic standards. Both remain secure today, but could become vulnerable as quantum computing advances.A 2028 Deadline Already In Motion
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Ripple has laid out a four-phase roadmap aimed at making the network fully quantum-resistant by 2028. Early testing of new systems is already underway, with updates to the main network planned for later phases.
The long-term fix for exposed wallets is expected to involve quantum-resistant encryption that lets users migrate funds to better-protected addresses.
That works for people who still have access. For those who don’t — whether due to lost credentials or other circumstances — the exposure may be permanent.
Featured image from ForkLog, chart from TradingView
