Quantum Computer Risk Mitigation, Several Developers Want to Freeze Satoshi Nakamoto's Wallet



Jameson Lopp, along with several Bitcoin developers, proposed BIP-361, a post-quantum migration proposal to freeze old addresses considered vulnerable. This step aims to protect approximately 1.1 million BTC owned by Satoshi Nakamoto from being stolen by future quantum computer technology.
Through BIP-361, owners of old assets are required to transfer their coins to a new quantum-resistant address (quantum-resistant). If migration is not performed within a certain period, the protocol will automatically freeze the address once its public key has been exposed on-chain.
However, this proposal has sparked heated debate regarding Bitcoin's fundamental principle of asset sovereignty. Many parties fear that forcibly freezing coins at the protocol level could set a bad precedent for financial censorship and external intervention against asset owners.
As an alternative, some experts suggest voluntary migration without protocol coercion. Research shows that the majority of Bitcoin's value could actually be moved to new addresses within days through community coordination if the quantum computer threat is truly imminent.

#Gate13thAnniversary
#USStocksHitRecordHighs
#GatePreIPOsLaunchesWithSpaceX
$BTC
BTC0,92%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin