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What Hashed Bitcoin Addresses Actually Protect Against Justin Drake recently asked holders to move Bitcoin to addresses whose public keys haven't been revealed yet, in case ECDSA falls to classical attacks before quantum becomes practical. Whether that's plausible is disputed. Yehuda Lindell at Coinbase argues that AI proving open theorems is no evidence hard problems are about to fall, and that a break of elliptic curves would reach certificates and code signing well beyond crypto. Either way, the step Drake recommends is cheap, so it's worth understanding why it works. P2PKH and P2WPKH addresses commit to a hash of the public key. The key only goes onchain when the address spends. Until then, an attacker has the hash and nothing else. Once the key is public, it stays public, and any attack on the curve can target it.