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‘Existential Threat’: Bitcoin Proposal Would Freeze Satoshi’s Quantum-Vulnerable Coins - WorldNL Magazine
In brief A Bitcoin Improvement Proposal would sunset quantum-vulnerable address types. The proposal comes amid growing concern about quantum computers. Experts fear around 25% of all Bitcoin is currently vulnerable. Jameson Lopp, CTO and co-founder of self-custody service Casa, proposed a change to Bitcoin’s software on Tuesday to address quantum computers’ catastrophic potential.The proposal, which was co-authored by five other developers, woul…
And if a quarter of the bitcoins in circulation were to be stolen because of a crypto fault? This scenario, now taken seriously, pushes Jameson Lopp and other developers to propose an unprecedented measure: freezing the BTC stored on addresses vulnerable to quantum attacks. Among them, Satoshi Nakamoto's mythical fonds. It is an explosive initiative, between the need to secure and questioning the founding principles of the protocol. Is it necess…
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