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The XRP Ledger (XRPL) has effectively protected the majority of the XRP supply from potential quantum computing attacks as of April 10.
As of press time, around 0.0342% of XRP’s circulating supply—approximately 21 million tokens—is at risk of a potential quantum attack, according to Vet, a Unique Node List (dUNL) XRPL validator. Vet said this small supply originates from two accounts that have been inactive for 5 years and whose public keys are exposed.
By contrast, 300,000 XRP accounts holding approximately 2.4 billion tokens have never transacted and therefore have not exposed their public keys. As previously explained by Finbold, Google estimates that a powerful quantum computer could retrieve private keys from exposed public keys as early as 2029.
“Dormant, vulnerable XRP whales are almost nonexistent. The rest are active and have their public key exposed, but it is also reasonable to expect to rotate keys if needed,” Vet noted.
The XRPL includes features intended to reduce quantum-related risk. XRP account holders can rotate their public keys to help prevent private keys from being compromised. The ledger is also account-based, allowing signing key rotation without switching accounts.
For longer-term security, Denis Angell, a software engineer at XRPL Labs, announced late last year that AlphaNet—the XRPL developer network for building and testing applications—had achieved full security against quantum attacks.
Despite the identified exposure in a small portion of the circulating supply, Vet sees no immediate quantum threats to XRP and expects the broader industry to adapt to protect blockchains.
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