Bitcoin quantum migration debate

BIP-361 proposes phasing out quantum-vulnerable addresses over five years, freezing coins that fail to migrate, including 1.7M BTC in P2PK addresses.

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bulbul hussain

🚨 $MEGA On-Chain Analysis 🚨

According to [Foresight News], [Bubblemaps]data reveals that 8,360 wallets received the $MEGA token airdrop allocation.

Key stats for the launch:


* 💎 Diamond Hands: 50% of wallets are still holding their full allocation.

* 📉 Sellers: 40% have sold everything, while 10% have partially sold.

* 💰 Valuation: $MEGA launched with a Fully Diluted Valuation (FDV) of $1.7 Billion.

* 💹 Price Action: Launch-day trading ranged between $0.16 and $0.22.


The MEGA token generation event was triggered by hitting key KPI milestones, including 10 live ecosystem apps.

Follow for more on-chain insights! 📈

Source: [Foresight News]

$MEGA #XRP triangle breakout potential #Bitcoin quantum migration debate #S&P 500 hits all-time high #Blaxel partners with OpenAI

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Max Avery

Is this the end of the "not your keys" era for BTC? Bitcoin was built around the idea that nobody touches your coins without your private key. Not governments, not banks, not developers. Now developers are proposing something that breaks it. BIP-361, led by Jameson Lopp, is a three-phase plan to freeze Bitcoin held in quantum-vulnerable addresses Early address types exposed public keys by design, and a powerful enough quantum computer could reverse-engineer a private key from a public one Estimates put roughly 1.7 million BTC (including Satoshi's) sitting in addresses that have this problem The plan (as proposed) is that three years after activation, no more sending BTC to old-style addresses Two years after that, legacy signatures become invalid and any coins that haven't migrated are frozen A third phase would let people recover frozen coins using zero-knowledge proofs tied to their seed phrase, though that part is still under research

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StarPlatinum

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?

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Rafal Jakobsen | Intel

#BITCOIN NEWS: Project Eleven awarded 1 BTC to an Italian researcher after a quantum computer broke a 15-bit elliptic curve key, the largest public demonstration of its kind. This matters because it marks measurable progress toward the threshold that could threaten Bitcoin's c...

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TRS FX
Bearish

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$BTC $SOL #Bitcoin quantum migration debate


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AFx_Crypto

🇿🇦 South Africa Crypto Draft Raises Red Flags

A new proposal from South Africa could impose fines of up to 1 million rand for crypto non-compliance. Concerns from VALR highlight risks of stricter controls pushing innovation and capital out of the country.

Still in draft stage, but signals a tougher global stance on crypto regulation.

#Bitcoin quantum migration debate $BTC

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