CatBitcoin

Closed vs open: the two states that matter

Updated September 2026

A sealed wooden box with a physical Bitcoin coin on the lid and a tag reading HASH ONLY over a bc1q address.
Closed is not safer in a dramatic sense. It is a different public record.

Every page on this site uses two words. Closed means the public key is still behind a hash. Open means that key is sitting on the chain for anyone to read. The checker reports those two states. This page is the legend.

Closed

A P2PKH address (starts with 1), a P2SH address (3), or a SegWit v0 address (bc1q) is built from a hash of a public key. Until that address spends, the chain shows the hash and nothing else. Reversing a hash is a different problem from the elliptic-curve problem a large quantum computer would be good at. The box stays shut.

Closed does not mean unused forever. It means unused as an input. Receiving coins does not open a hash-based box. Spending does. Sending a second payment from the same address is opening it again after the first observation already happened.

Open

Three common ways a box is already open:

Open is the tier that future migration proposals talk about. Roughly 5.4 million BTC sits there, mostly from ordinary spending over fifteen years, not from carelessness.

The table

What you are looking atStateWhen the key became public
1 / 3 / bc1q, never spentClosedNot yet
1 / 3 / bc1q, spent at least onceOpenFirst spend
bc1p TaprootOpenOn receipt
P2PK and similar early outputsOpenOn creation

What this is not

It is not superposition. The public key is a fixed number the whole time. We simply cannot read it from a hash with anything that exists. Why the cat says where the metaphor must stop. It is also not an emergency. Bitcoin is safe from quantum computers today. Closed versus open is the fact you can check before anyone asks you to panic.

Quick answers

What is a closed Bitcoin address?
A hash-based address (1, 3, or bc1q) that has never spent. Only a hash of the public key is on-chain.
What is an open Bitcoin address?
Any address whose public key is already visible: a spent hash-based address, any Taproot address, or older pay-to-pubkey outputs.
Does open mean the coins can be stolen today?
No. Breaking secp256k1 still requires a quantum computer that does not exist. Open is a published fact, not an alarm.