You are a Bitcoin holder - you hear about a new proposal - called BIP-361 - something about quantum threats you don’t think much Bitcoin has always worked time passes - devs start talking about old wallets “Satoshi-era coins” “P2PK vulnerability” you read deeper - around 1.7M BTC exposed ~1.1M BTC from Satoshi - untouched for 16 years worth ~$70B+ then you see it, the plan - upgrade the network - give everyone a few years - migrate to quantum-safe addresses seems normal, until phase B - old signatures become invalid - funds that don’t move get frozen forever “for security” the rules change move your coins or lose them Satoshi’s wallet could be frozen the biggest holder in Bitcoin now the question is simple who decides what stays and what disappears?

Share








Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.