BitGo Holdings, Inc. introduced (NYSE: BTGO) is a set of tools to help organizations measure and reduce quantum computing risks associated with their Bitcoin holdings. Digital asset infrastructure company He said Features apply to UTXO-based wallets and multi-signature custodial service.
The issuance is based on BitGo’s multi-signature Buildwhich the company pioneered in the Bitcoin space to reduce single points of failure. The new controls give customers greater visibility into wallet key exposure, better processing of unspent transaction outputs, and workflows for institutional wallet operations.
At the heart of the launch is Quantum Risk Score, a system within the platform that assesses potential quantum exposure across supported Bitcoin wallets. The Exposed Address Repair workflow guides clients through moving funds from addresses with high exposure to new addresses with stronger underlying hygiene.
The new UTXO identification method groups and prioritizes coins by address to limit exposure resulting from partial spending. Updated default address type controls steer wallets away from transaction patterns of interest Quantity Fears.
Bitcoin may face quantum attacks
The risks stem from how Bitcoin addresses work. An address whose public key appears on the chain may face an attack in the future with capable quantum machines.
Estimates place 6.9 million Bitcoins in addresses with exposed public keys. Funds held in address types that expose a public key from creation, such as Taproot or Pay-to-Public-Key, are outside the scope of the application and need separate processing.
“We believe the most secure key is one whose public key has never been revealed on-chain,” said Mike Belshy, CEO and co-founder of BitGo. “These capabilities give organizations a practical way to understand and reduce quantum exposure while still relying on the proven security of multi-signature.”
BitGo said there is no quantum computer that can break Bitcoin at the moment. Adam Buckco-founder and CEO of Blockstream and BSTR, framed timing as a reason for action. “No one has a quantum computer that can touch Bitcoin today, but that is exactly why action must start now, while it is quiet and optional rather than urgent and forced,” he said.
The company described the tools as a complement to Bitcoin’s future post-quantum signature upgrades, rather than a replacement.
Features cover supported assets based on UTXO and multi-signature configurations.
