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New Bitcoin Quantum Proposal Provides a Solution for Proving Control Without Transferring Funds
The concern of quantum computing has long been a challenge for Bitcoin, with a significant issue being the potential theft of millions of bitcoin stored in old wallets with exposed public keys. This includes the estimated 1.1 million bitcoin owned by the pseudonymous creator Satoshi Nakamoto, valued at around $84 billion. One possible solution is a soft fork that would phase out the use of legacy…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Offers Solution for Bitcoin Holders to Prove Control Without Transferring Funds
The concerns surrounding Bitcoin and quantum computing have long been intertwined with the issue of Satoshi Nakamoto's holdings. Millions of bitcoins, including the approximately 1.1 million attributed to Satoshi, worth around $84 billion, are stored in old wallets with exposed public keys, making them potentially vulnerable to theft by powerful quantum computers. The obvious solution is to imple…
May 2, 2026, 6:24 a.m.
Tech
New Proposal Enables Bitcoin Holders to Prove Ownership Without Revealing Identity
Concerns about quantum computing have long plagued Bitcoin, and a significant issue is 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 gradually phase out legacy ad…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Offers Bitcoin Holders a Private Proof of Control
Concerns surrounding the impact of quantum computing on Bitcoin have long been intertwined with the issue of Satoshi Nakamoto's holdings. Approximately 1.1 million bitcoin, valued at around $84 billion and attributed to the pseudonymous creator, remain in older wallets with exposed public keys, rendering them susceptible to potential theft by powerful quantum computers. The most straightforward d…
May 2, 2026, 6:24 a.m.
Tech
New Bitcoin Proposal Enables Satoshi Nakamoto to Prove Ownership Without Transferring Funds
The concern over quantum computing has long been intertwined with the enigma of Satoshi Nakamoto's bitcoin holdings. Millions of bitcoins, including the approximately 1.1 million attributed to Nakamoto, currently valued at around $84 billion, are at risk of being compromised by powerful quantum computers due to exposed public keys in outdated wallets. A potential solution involves a soft fo…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Offers Bitcoin Holders a Private Proof of Ownership
The issue of quantum computing has long been a concern for Bitcoin, with millions of coins in old wallets with exposed public keys at risk of being stolen by powerful quantum computers. This includes the approximately 1.1 million bitcoin attributed to Bitcoin's creator, Satoshi Nakamoto, currently valued at around $84 billion. A proposed soft fork, or upgrade to existing network rules, could even…
May 2, 2026, 6:24 a.m.
Tech
New Bitcoin Proposal Offers Alternative to Prove Control Over Vulnerable Keys
The threat of quantum computing to Bitcoin has long been intertwined with the enigma of Satoshi Nakamoto. Millions of bitcoins, including those attributed to Nakamoto, are at risk due to exposed public keys. A proposed soft fork, BIP-361, aims to phase out legacy addresses, but this would require dormant holders like Satoshi to publicly move their assets or risk losing them. Dan Robinson of Parad…
May 2, 2026, 6:24 a.m.
Tech
New Quantum Proposal Offers Solution for Bitcoin Holders to Prove Ownership Without Transferring Funds
Concerns surrounding Bitcoin's vulnerability to quantum computing have long been tied to the issue of Satoshi Nakamoto's dormant holdings. Approximately 1.1 million bitcoin, valued at around $84 billion and attributed to the cryptocurrency's pseudonymous creator, remain in older wallets with exposed public keys, making them potentially susceptible to theft by powerful quantum computers. The strai…
May 2, 2026, 6:24 a.m.
Tech
Revolutionary Bitcoin Proposal Enables Satoshi Nakamoto to Verify Control Without Transferring Funds
The specter of quantum computing has long posed a challenge for Bitcoin, with a significant portion of the problem centered around the enigmatic Satoshi Nakamoto. Millions of bitcoins, including approximately 1.1 million attributed to Nakamoto, currently valued at around $84 billion, are stored in outdated wallets with exposed public keys, rendering them susceptible to theft by powerful quantum c…
May 2, 2026, 6:24 a.m.
Tech
New Proposal Offers Solution for Bitcoin's Quantum Conundrum, Potentially Protecting Satoshi's Holdings
The specter of quantum computing has long posed a challenge for Bitcoin, particularly with regards to the vast sums held in older wallets with exposed public keys. An estimated 1.1 million bitcoin, valued at approximately $84 billion and attributed to the pseudonymous creator Satoshi Nakamoto, are potentially at risk. A proposed soft fork, put forth by prominent developer Jameson Lopp and five …
May 2, 2026, 6:24 a.m.