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🔥 Bitcoin Core Developer: Better to Freeze Than to Let 5.6 Million BTC Be Cracked by Quantum Computers
Bitcoin Core Developer Jameson Lopp recently stated that instead of allowing quantum computing attackers to steal those long-dormant bitcoins in the future, it’s better to freeze them. About 5.6 million BTC (roughly 28% of the total supply) have not moved in over ten years and are likely permanently lost, worth approximately $420 billion. If these dormant coins are cracked by quantum computers and enter the market, it could trigger intense volatility and market panic, even damaging confidence in the Bitcoin network. Lopp emphasized that this is not the outcome he wishes to see, but a temporary measure to counter potential existential threats; he prefers to make these "lost" coins unusable by attackers. Lopp participated in proposing the B…
#btc