El Salvadornational Bitcoin 
$108,807.15 Its office has divided the Bitcoin reserves of approximately 6,300 BTCs to 14 different addresses for security reasons. explained. Previously held at a single address, the reserve was divided into pieces with a new arrangement. Authorities argued that a more resistant structure was created against possible quantum computer threats.
Why was Bitcoin reserve divided into 14 new addresses?
National Bitcoin OfficeAccording to the information on the website of the country’s current reserve of 6,284 BTC levels and today’s prices at the total value of the reserve of more than 682 million dollars. Coins, which have been held at a single address so far, were transferred to 14 new addresses after the arrangement on Friday. Blockchain Data It shows that there are not more than 500 BTCs at any address. Authorities say that the separation of addresses is critical for risk management.
In the statement made Bitcoin It was emphasized that a method compatible with the best practices in the management was followed and preparation for the development of quantum computers. The switches of unused Bitcoin addresses are only seen with mixed values and provided a stronger protection. Thus, in the face of possible cryptographic threats, it was aimed that the country’s reserves should not be collected at a single point.
Quantum computers Bitcoin NetworkIt is thought that it can pose a long -term threat to the ECDSA signing mechanism used in the signed. According to analysts, it may take decades for such a risk to emerge practically. However, El Salvador has already updated the reserve strategy, taking this possibility into this possibility.
Daily BTC purchase claim that contradicts the IMF reports
National Bitcoin Office President Nayib bouquetHe claims that one BTC was purchased every day on the instruction of his instructions. This is an important part of the country’s official discourse to enlarge Bitcoin reserves. However, the IMF report published in July contradicted these statements. The report stated that the public sector has not purchased BTC since February with the signature of the Central Bank of the country and the Minister of Finance.
These claims IMF and the conditions of the credit agreement. After the report, serious question marks occurred in the public opinion. On the other hand, the National Bitcoin Office continues to announce that purchases are made every day through the social media platform X. Until now, he has not given a direct response to the claim in the Boule or Office IMF report.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
