#bip361
bip361
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🔐⚛️ Bitcoin developers are proposing BIP-361 to replace the current encryption system with one resistant to quantum computing within 5 years — the proposal forces users to move their coins to new secure addresses, otherwise 34% of Bitcoin (including original Satoshi coins) will be frozen to protect it from anticipated quantum theft by 2029. 🛡️⏳
$BTC
#BTC
#BIP361
🔐⚛️ Bitcoin developers are proposing BIP-361 to replace the current encryption system with one resistant to quantum computing within 5 years — the proposal forces users to move their coins to new secure addresses, otherwise 34% of Bitcoin (including original Satoshi coins) will be frozen to protect it from anticipated quantum theft by 2029. 🛡️⏳
$BTC
Charles Hoskinson just dropped a bombshell: 8 million BTC are sitting ducks for quantum computers, and the current plan to save them (BIP-361) might leave 1.7 million BTC including Satoshi’s stash frozen forever.
The Catch: Because Satoshi-era coins don't use modern seed phrases, they can't use the proposed recovery tech. We are facing a brutal choice:
🔹Do nothing: Let quantum hackers steal 10% of the supply in the 2030s.
🔹Implement BIP-361: Secure the network but potentially lock away the Creator's coins and 600k other legacy $BTC forever.
Hoskinson’s warning? If the community doesn't act, institutions like BlackRock will eventually force a hard fork to protect their own billions.
Would you vote to freeze Satoshi’s coins to save the rest of the network, or is immutability worth the risk of a quantum heist?
#Bitcoin #Cardano #QuantumComputing #Satoshi #BIP361
The Catch: Because Satoshi-era coins don't use modern seed phrases, they can't use the proposed recovery tech. We are facing a brutal choice:
🔹Do nothing: Let quantum hackers steal 10% of the supply in the 2030s.
🔹Implement BIP-361: Secure the network but potentially lock away the Creator's coins and 600k other legacy $BTC forever.
Hoskinson’s warning? If the community doesn't act, institutions like BlackRock will eventually force a hard fork to protect their own billions.
Would you vote to freeze Satoshi’s coins to save the rest of the network, or is immutability worth the risk of a quantum heist?
#Bitcoin #Cardano #QuantumComputing #Satoshi #BIP361
🚨 BREAKING (unconfirmed): A proposal labeled “BIP-361” is reportedly being discussed to freeze early Bitcoin addresses considered vulnerable to future quantum attacks.
This could include dormant OG wallets from the 2010–2011 era, potentially even Satoshi-era holdings (~4M BTC).
The idea is triggering intense debate: long-term security vs Bitcoin’s core principle of immutability.
#Bitcoin #Crypto #Blockchain #QuantumComputing #BIP361
This could include dormant OG wallets from the 2010–2011 era, potentially even Satoshi-era holdings (~4M BTC).
The idea is triggering intense debate: long-term security vs Bitcoin’s core principle of immutability.
#Bitcoin #Crypto #Blockchain #QuantumComputing #BIP361
The future of Bitcoin is secure! 🛡️
Bitcoin developers have proposed BIP-361, a proactive measure to protect our funds from the upcoming evolution of quantum computers.
What does this simply mean?
There are about 6.7 million Bitcoins in old wallets that may be at risk in the future.
The proposal aims to move coins to "quantum-resistant addresses" (Quantum-Resistant).
Implementation will occur in 3 gradual phases to ensure a safe and smooth transition for everyone.
Technology is evolving rapidly, and Bitcoin continues to prove itself as the most adaptable and resilient. 🚀
What do you think of this step? Do you believe it is necessary at this time? Share your comments with us! 👇
$BTC
#Bitcoin #BIP361 #CryptoSecurity #BTC #blockchain
Bitcoin developers have proposed BIP-361, a proactive measure to protect our funds from the upcoming evolution of quantum computers.
What does this simply mean?
There are about 6.7 million Bitcoins in old wallets that may be at risk in the future.
The proposal aims to move coins to "quantum-resistant addresses" (Quantum-Resistant).
Implementation will occur in 3 gradual phases to ensure a safe and smooth transition for everyone.
Technology is evolving rapidly, and Bitcoin continues to prove itself as the most adaptable and resilient. 🚀
What do you think of this step? Do you believe it is necessary at this time? Share your comments with us! 👇
$BTC
#Bitcoin #BIP361 #CryptoSecurity #BTC #blockchain
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