🧊 Proposal to Freeze Old Bitcoin Wallets — To Save the Network from Quantum Attacks

At the Quantum Bitcoin Summit, developers seriously discussed a radical proposal:

Freeze vulnerable BTC, including Satoshi’s legendary coins, to prevent a potential quantum-driven catastrophe.

❓ What’s the issue?

🔸 Around 25% of all BTC — including ~1 million coins believed to belong to Satoshi Nakamoto — are stored in legacy wallets using outdated cryptography (ECDSA, Schnorr).

🔸 These wallets are vulnerable to future quantum attacks, which could allow hackers to steal the funds.

🔸 If such coins hit the market, it could trigger a massive price crash and damage trust in Bitcoin.

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📝 What’s the proposal? (BIP by Jameson Lopp, Casa)

🔒 Ban transactions to legacy addresses

⏱ In 5 years — fully block withdrawals from vulnerable wallets

🧊 Introduce a recovery mechanism to unlock frozen BTC by proving seed phrase ownership — without increasing supply or inflation risks.

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This BIP touches the sacred idea of BTC untouchability, sparking intense debate in the crypto community. But with quantum computing advancing fast, the future of the network may depend on hard decisions.

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#Bitcoin #QuantumThreat #SatoshiCoins #BTCFreeze #CryptoSecurity #QuantumResistance #JamesonLopp #Casa #BitcoinUpgrade #BIPProposal #CryptoNews #PostQuantum