As with my idea from last year, a large number of old BTC address formats are gradually being upgraded and sealed by proposals from the new generation. Only in this way can the market makers calculate how much BTC is truly circulating in the market, thus clarifying the chips on the entire gambling table. At the same time, it could trigger a sudden activation like the previous 80,000 BTC. If the new proposal is really implemented, the BTC in these old format addresses will indeed be permanently invalidated.

PANews July 16 news, according to Decrypt, Casa CTO Jameson Lopp, along with five developers, has proposed a Bitcoin Improvement Proposal (BIP) aiming to phase out quantum-vulnerable address types in response to the unprecedented threat that quantum computers pose to the security of Bitcoin private keys. The proposal will prohibit transfers to high-risk addresses and prevent such Bitcoins from being spent over the next five years, affecting about 25% of existing Bitcoins, including the 1 million owned by Satoshi Nakamoto. The proposal also suggests future recovery of frozen assets through new BIPs. Research shows that if a quantum attack is successful, the entire Bitcoin ecosystem could face significant economic impact.