If you want to get really anal find the actual thread length of a 3/4-16 nut. Then figure the tensile of the 3/4-16 mild steel bolt. Then calculate the breech thrust of a 54. This would be the groove dimension of the bore in square inches x the pressure generated by a proof load. Say 25000 psi.
Here is a hint, the area effected by the gas pressure of the properly installed plug in a .54 is less than .264 square inches. So IF we can make 25000 (unlikely) then the pressure on the breech is 25000 X .264 is 6,600. This is about 1/3 the proof load for a 3/4-16 grade 2 bolt and nut since the NUT has maybe 2 more threads (remembering that the nuts are rebated at each end) than the breech mentioned the breech at 7/16" . So if we loose a significant strength with the shorter thread length, say 1/3, we still have DOUBLE the breech thrust of a very heavy loaded 54. This is why its impossible to blow a properly threaded breech from barrel unless VERY, VERY short in the threads. OR the barrel bulges.
HOWEVER, there is no reason to make a breech with less than 1/2" of threads IMO. Though I have done it a time or two and one was REALLY tested and held fine.
Dan