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New Proposal Offers Solution for Bitcoin's Quantum Computing Concerns
Bitcoin has long been concerned about the potential risks of quantum computing, with millions of coins, including those owned by Satoshi Nakamoto, potentially at risk of theft. One proposed solution is to implement a soft fork that phases out the use of legacy address types, forcing holders to move to quantum-safe formats. However, this approach has its own set of problems, as it would require lo…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Provides Satoshi Nakamoto with a Secure Way to Verify Control Over Bitcoin Without Transferring Funds
Concerns surrounding the impact of quantum computing on Bitcoin have long been intertwined with the enigma of Satoshi Nakamoto. Millions of bitcoins, including approximately 1.1 million attributed to Satoshi, currently valued at around $84 billion, are stored in old wallets with exposed public keys, rendering them susceptible to theft by sufficiently powerful quantum computers. The obvious soluti…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Offers Satoshi a Way to Prove Control Over Bitcoin Without Transferring Funds
Concerns over quantum computing have long plagued Bitcoin, with a particular issue at its core. Millions of bitcoins, including the approximately 1.1 million attributed to Satoshi Nakamoto, currently valued at around $84 billion, are stored in old wallets with exposed public keys, making them susceptible to theft by powerful quantum computers. The obvious solution is a soft fork that would eventu…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal for Bitcoin Offers a Solution for Proving Control Without Moving Funds
Concerns about quantum computing have long plagued Bitcoin, with a particular challenge being the vast amount of bitcoin held in outdated wallets with exposed public keys, vulnerable to potential theft by powerful quantum computers. This includes approximately 1.1 million bitcoin attributed to Bitcoin's pseudonymous creator, Satoshi Nakamoto, valued at around $84 billion. The obvious solution is …
May 2, 2026, 6:24 a.m.
Tech
New Bitcoin Quantum Proposal Offers Solution for Proving Control Without Moving Funds
Concerns over quantum computing have long plagued Bitcoin, with millions of coins in old wallets having exposed public keys that could be vulnerable to theft by powerful quantum computers, including the approximately 1.1 million coins attributed to Bitcoin's creator, Satoshi Nakamoto, valued at around $84 billion. A proposed soft fork to phase out quantum-vulnerable addresses over five years, f…
May 2, 2026, 6:24 a.m.
Tech
New Bitcoin Proposal Offers a Solution for Proving Control Without Moving Funds
Concerns over quantum computing have long plagued Bitcoin, with a significant problem being the potential theft of millions of bitcoin in old wallets with exposed public keys. This includes the approximately 1.1 million bitcoin attributed to Satoshi Nakamoto, valued at around $84 billion. A proposed solution involves a soft fork that phases out legacy address types, forcing holders to move to qua…
May 2, 2026, 6:24 a.m.
Tech
New Proposal Offers Solution for Bitcoin's Quantum Computing Conundrum
The issue of quantum computing has long plagued Bitcoin, with a significant portion of the cryptocurrency's supply potentially at risk. Approximately 1.1 million bitcoin, valued at around $84 billion and attributed to the cryptocurrency's pseudonymous creator Satoshi Nakamoto, could be vulnerable to theft if sufficiently powerful quantum computers are developed. This has led to discussions about …
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Offers Solution for Bitcoin's Satoshi Conundrum
Concerns surrounding quantum computing have long plagued Bitcoin, and a significant issue lies in the fact that millions of bitcoins, including those attributed to Satoshi Nakamoto, are stored in old wallets with exposed public keys, making them susceptible to theft by powerful quantum computers. The estimated 1.1 million bitcoins linked to Satoshi Nakamoto are valued at around $84 billion. One p…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Offers Solution for Bitcoin's Satoshi Problem
Quantum computing has long posed a threat to Bitcoin, particularly for holders of old wallets with exposed public keys. This includes the estimated 1.1 million bitcoins linked to Satoshi Nakamoto, worth around $84 billion. A potential solution involves a soft fork that phases out legacy address types, but this would require dormant holders like Satoshi to publicly move their assets or risk losing…
May 2, 2026, 6:24 a.m.
Tech
New Proposal Enables Bitcoin Holders to Prove Control Without Exposing Assets
Quantum computing has long posed a threat to Bitcoin, particularly for wallets with exposed public keys, including those attributed to the cryptocurrency's creator, Satoshi Nakamoto. A proposed soft fork, BIP-361, aims to address this issue by phasing out vulnerable addresses, but it presents a dilemma for dormant holders like Satoshi, who would need to publicly claim their assets to avoid losing…
May 2, 2026, 6:24 a.m.