Bitcoin's quantum defense plan just hit a major roadblock. Cardano founder Charles Hoskinson says the proposed fix for quantum attacks won't save Satoshi's coins.
The core issue? Bitcoin's BIP-361 would require a hard fork, not the soft fork developers claim. This matters because hard forks break compatibility with older software and split the network if not everyone upgrades.
Here's the kicker: roughly 1.7 million bitcoin created before 2013 can't be recovered under this plan. That includes the ~1 million BTC linked to Satoshi. These early coins were made with different tech that didn't use seed phrases, so the zero-knowledge proof recovery won't work.
Market impact? This debate highlights Bitcoin's governance challenges. Without clear upgrade paths, quantum threats could leave a significant portion of $BTC supply frozen. Traders should watch how core devs respond to Hoskinson's technical critique.
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