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CZ Revisits Bitcoin’s Approach to the Quantum Computing Threat: The Community May Have Three Options
Deep Tide TechFlow News, June 20th, CZ reposted his interview video on the X platform, discussing the potential impact of quantum computing on Bitcoin's cryptographic system, including threats to Satoshi Nakamoto's Bitcoin holdings. If future quantum attacks lead to the cracking of old encryption systems, the community may face three options:
First is "doing nothing," allowing related assets to be naturally transferred by attackers and creating selling pressure, but ultimately possibly redistributing assets back to the community;
Second is freezing or restricting related addresses, and considering returning assets if identity verification is possible, but he believes that after encryption is broken, this approach faces technical and trustworthiness issues;
Third is intermediate solutions like "slowing down or delaying transfers," but these also involve implementation complexities.
CZ also proposed a compromise: setting a time window through community governance, for example, 6 to 12 months. If funds in early related addresses remain unmoved, they could be locked via network forks or protocol upgrades, removing them from circulation permanently. This would prevent future attacks from concentrating thefts and causing market shocks. He emphasized that such decisions should be made by community voting and believes there is no perfect answer currently, but "doing nothing may become the worst outcome in the future," so mechanisms should be designed in advance to address potential quantum risks.