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New Proposal Offers Bitcoin Holders a Way to Prove Control Without Exposing Themselves to Quantum Computing Risks
The specter of quantum computing has long posed a challenge for Bitcoin, with a significant portion of the cryptocurrency, including the estimated 1.1 million bitcoin linked to its creator Satoshi Nakamoto, at risk of being compromised due to exposed public keys. A proposed soft fork, BIP-361, aims to phase out legacy addresses over a five-year period, but this solution presents a dilemma for lon…
May 2, 2026, 6:24 a.m.
Tech
New Proposal Offers Satoshi Nakamoto a Way to Prove Control Over Bitcoin Without Transferring Funds
Concerns over quantum computing have long plagued Bitcoin, with a particular issue being the potential vulnerability of millions of bitcoin in old wallets with exposed public keys. This includes the approximately 1.1 million bitcoin attributed to the pseudonymous creator Satoshi Nakamoto, valued at around $84 billion. A proposed solution involves a soft fork that would phase out the use of legacy…
May 2, 2026, 6:24 a.m.
Tech
New Proposal Enables Bitcoin Holders to Prove Control Without Transferring Funds
Concerns about quantum computing have long been intertwined with the enigma of Satoshi Nakamoto. Millions of bitcoins, including those attributed to the pseudonymous creator, worth approximately $84 billion, are at risk due to exposed public keys in outdated wallets. A proposed solution involves a soft fork that would eventually disallow transactions from these legacy addresses, forcing holders t…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Offers Solution for Bitcoin's Satoshi Conundrum
Concerns about quantum computing have long plagued Bitcoin, with millions of coins, including those tied to Satoshi Nakamoto, at risk of theft. A proposed soft fork could mitigate this by phasing out vulnerable addresses, but this would require dormant holders like Satoshi to publicly move their assets or risk losing them. To address this issue, Dan Robinson of Paradigm has introduced the concept…
May 2, 2026, 6:24 a.m.
Tech
New Proposal Offers Bitcoin Holders a Way to Prove Control Without Moving Funds
Bitcoin has long been concerned about the potential impact of quantum computing, particularly for the millions of bitcoin held in old wallets with exposed public keys, including those attributed to Satoshi Nakamoto. A proposed soft fork to phase out quantum-vulnerable addresses could force holders to move their funds, but this would require dormant holders like Satoshi to publicly reveal themselv…
May 2, 2026, 6:24 a.m.
Tech
New Bitcoin Proposal Offers Solution for Proving Control Without Moving Funds
Concerns over quantum computing have long been a challenge for Bitcoin, particularly for the millions of coins held in old wallets with exposed public keys, including those attributed to the cryptocurrency's creator, Satoshi Nakamoto. A proposed soft fork, or upgrade to existing network rules, could eventually stop allowing transactions from these legacy address types, forcing holders to move to …
May 2, 2026, 6:24 a.m.
Tech
New Proposal Enables Bitcoin Holders to Prove Control Without Transferring Funds
Concerns over quantum computing have long plagued Bitcoin, with a significant issue being the potential theft of millions of bitcoin stored in old wallets with exposed public keys. This includes the approximately 1.1 million bitcoin attributed to Satoshi Nakamoto, valued at around $84 billion. One proposed solution is a soft fork that would phase out legacy address types, forcing holders to move …
May 2, 2026, 6:24 a.m.
Tech
New Proposal Offers Solution for Bitcoin's Quantum Computing Concerns, Potentially Protecting Satoshi Nakamoto's Holdings
Concerns about quantum computing have long plagued Bitcoin, with a significant issue being the potential theft of millions of bitcoin stored in old wallets with exposed public keys, including those attributed to Satoshi Nakamoto, worth around $84 billion. A proposed soft fork, BIP-361, aims to phase out quantum-vulnerable addresses over five years, but this would require dormant holders like Sato…
May 2, 2026, 6:24 a.m.
Tech
New Bitcoin Proposal Offers Potential Solution for Proving Control Without Moving Funds
Concerns over quantum computing have long plagued Bitcoin, with a particular issue being the vulnerability of millions of bitcoin in old wallets with exposed public keys. This includes the approximately 1.1 million bitcoin attributed to Bitcoin's pseudonymous creator, Satoshi Nakamoto, valued at around $84 billion. A potential solution involves a soft fork that would eventually stop allowing tr…
May 2, 2026, 6:24 a.m.
Tech
New Bitcoin Proposal Allows Satoshi Nakamoto to Prove Key Control Without Moving Funds
The issue of quantum computing has long been a concern for Bitcoin, with a significant problem at its core. Millions of bitcoins, including those attributed to Satoshi Nakamoto, are stored in old wallets with exposed public keys, making them potentially vulnerable to theft by powerful quantum computers. The obvious solution is to implement a soft fork that phases out the use of legacy address typ…
May 2, 2026, 6:24 a.m.