[Wall Street Analyst: Bitcoin Quantum Threat Is Real but Distant] Odaily Planet Daily reports that Benchmark analyst Mark Palmer stated in a report on Thursday that the threat of quantum computing to Bitcoin is real but remains in a distant stage. Bitcoin has sufficient time and technical flexibility to upgrade. The report pointed out that Bitcoin's primary vulnerability does not lie in the SHA-256 hash algorithm but in the elliptic curve digital signature algorithm (ECDSA) used to protect private keys. Mark Palmer emphasized that there currently does not exist a quantum computer capable of breaking ECDSA, and it is expected that such technology will not emerge within the next 10 to 20 years. Approximately 1 to 2 million Bitcoins are theoretically at risk of attack, including tokens from the Satoshi Nakamoto era and wallets that reuse addresses. Coinbase established a Quantum Advisory Board this month, marking the industry's shift from theoretical discussions to institutionalized risk management.