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In my opinion, the biggest risk is that the PCQ signature scheme will be hacked by AI. We haven't even fully understood all the traps on the implementation side, let alone the mathematics,” said Yakovenko.
Curve Finance founder, Michael Egorov, once asked whether formal verification could cover that gap. However, according to Yakovenko, verification only helps if developers already know exactly what needs to be verified.
He still prefers redundancy from two of the three schemes that are independent of each other.
Bitcoiners Reach Initial Consensus on Satoshi’s Coins
Alex Thorn, head of research at Galaxy Digital, said there is a growing agreement regarding Satoshi’s ownership. He cited several discussions held this week in Las Vegas with skeptics, supporters, and other Bitcoiners.
Estimated 1.1 million Bitcoins
BTCUSD
belonging to Satoshi are spread across approximately 22,000 P2PK addresses, each containing 50 BTC. Thorn revealed that a remote attack would need to hack each address one by one. Meanwhile, exchanges can migrate to post-quantum addresses before Q-day arrives.
He added that the Bitcoin market can typically absorb selling pressure of over one million BTC. This indicates that the network can still withstand worst-case scenarios without sacrificing the core property rights of the network.
Both redundancy in wallets and protocol-level restrictions remain open questions, as quantum research continues to develop rapidly.