Binance Founder Proposes Freezing Satoshi’s 1 Million BTC Over Quantum Risks

Changpeng Zhao suggests a migration window for Satoshi-linked Bitcoin addresses to prevent quantum computing threats. Binance founder Changpeng Zhao proposed freezing Bitcoin addresses linked to Satoshi Nakamoto, holding roughly 1 million BTC, if a quantum-resistant fork o

Changpeng Zhao suggests a migration window for Satoshi-linked Bitcoin addresses to prevent quantum computing threats.

Binance founder Changpeng Zhao proposed freezing Bitcoin addresses linked to Satoshi Nakamoto, holding roughly 1 million BTC, if a quantum-resistant fork occurs. The plan includes a 6- to 12-month migration window for the coins to move voluntarily.

Zhao warned that without such measures, quantum computing could eventually crack the private keys, allowing unauthorized access to the dormant funds. The proposal would require community consensus, potentially through miner signaling, as no perfect solution exists.

The suggestion aims to address long-term security risks but remains contingent on future protocol upgrades and broader adoption.

Leave a Reply

Your email address will not be published. Required fields are marked *