Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Opinion: Bitcoin Should Not Compromise Security by "Confiscating Satoshi's Holdings," Even in the Face of Quantum Computing Threat

Opinion: Bitcoin Should Not Compromise Security by "Confiscating Satoshi's Holdings," Even in the Face of Quantum Computing Threat

BlockBeatsBlockBeats2026/05/03 09:42

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.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

AI pharmaceutical company Iambic (IAM.US), supported by Nvidia, applies for US IPO to advance three early-stage cancer drugs

Iambic Therapeutics Inc. has filed for an initial public offering (IPO) in the United States.

智通财经2026/09/22 02:31

Meta Muse ignites a new wave in AI and oil prices retreat, boosting risk appetite! Korean chip stocks follow overnight gains in US markets

South Korean semiconductor and equipment stocks rose on Tuesday, following gains by their US counterparts.

智通财经2026/09/22 01:16