Project Eleven, a post-quantum security startup, has released a report suggesting that quantum computers could potentially break modern encryption systems as early as 2030, with a more than 50% chance of achieving this breakthrough by 2033. The report estimates that approximately 6.9 million BTC could be at risk under specific conditions due to quantum threats. The industry is already exploring quantum-resistant migration strategies, such as using timestamps to prove wallet ownership and setting multi-year migration windows to transfer assets to quantum-resistant addresses. Tech giants like Google are also advancing plans to transition to quantum-resistant cryptographic systems by 2029.