Cryptocurrency analyst Willy Woo expressed concerns Wednesday over the perceived quantum risk affecting Bitcoin’s (CRYPTO: BTC) adoption.
Quantum Vulnerability Affecting Taproot Adoption?
In an X post, Woo pointed out a significant decline in Taproot adoption, from 42% to 20%, since 2024.
The Taproot upgrade, activated in November 2021, was meant to improve the privacy and efficiency of the network, particularly for complex multi-signature transactions.
However, Woo deemed the upgrade, one of the most significant in recent history, as “quantum vulnerable.”
Interestingly, Jameson Lopp, a well-known Bitcoin security expert, had also found Taproot addresses as susceptible to quantum attacks in March.