Opinion: Bitcoin Should Not Compromise Security by "Confiscating Satoshi's Holdings," Even in the Face of Quantum Computing Threat
BlockBeats News, May 3rd, Galaxy Digital Research Head Alex Thorn published an article stating that after discussions in Las Vegas with several Bitcoin developers, researchers, and quantum computing proponents, the industry is gradually forming a partial consensus on the "Quantum Computing and Bitcoin" issue.
Thorn believes that the majority view supports "not touching the early P2PK addresses held by Satoshi Nakamoto," as this could undermine Bitcoin's most fundamental principle of property rights. He pointed out that Satoshi Nakamoto holds approximately 1.1 million BTC spread across 22,000 addresses, not in a single "super vault," and the real risk of large amounts mainly comes from entities such as exchanges that can proactively upgrade to quantum-resistant addresses.
He also stated that the industry generally supports early research on Bitcoin's post-quantum cryptography schemes, including development, testing, signature aggregation, and protocol discussions, which would be meaningful even if it ends up just being "reserved as a backup plan."
However, Thorn also cautioned that excessive promotion of unverified post-quantum upgrades could lead to protocol complexity, dispersion of development resources, and community consensus deadlock. He believes that even if quantum computing ultimately poses a very low probability threat to Bitcoin, initiating discussions and technical reserves in advance is still worthwhile.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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