Bitcoin Core Developer: Would Rather Freeze 5.6 Million BTC Than Let Them Fall into the Hands of Quantum Hackers
Svmuu News Bitcoin Core developer Jameson Lopp stated that compared to potential future quantum computing attacks, he would prefer to "freeze" approximately 5.6 million long-dormant BTC from the network rather than letting them be acquired by attackers. These bitcoins have not moved for over 10 years and may be permanently lost, valued at around $420 billion at current prices. If future breakthroughs in quantum computing lead to the private keys of old addresses being cracked, these assets could be transferred again, potentially triggering severe market volatility or even a crisis of confidence. Although the community recently proposed BIP-361, the proposal is still in its early stages and is not a formally promoted solution, but rather more like a contingency plan for an "extreme risk." (CoinDesk)
Source:Odaily · Source Link
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