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CoinDesk·4 min read·hard

Bitcoin experts split over plan to freeze Satoshi's 1.1 million bitcoin as quantum threat grows

O
Olivier Acuna
Bitcoin experts split over plan to freeze Satoshi's 1.1 million bitcoin as quantum threat grows
AI Summary

Bitcoin experts are debating a proposal to freeze Satoshi Nakamoto's 1.1 million BTC to prevent potential theft via future quantum computing attacks. Critics argue that such an action would violate the core principles of Bitcoin's permissionless and decentralized nature.

Zhao, widely known by his initials CZ, floated the idea during a podcast last month with Galaxy Digital's Alex Thorn. His idea was to give Satoshi six to 12 months to move the bitcoin BTC $ 63,269.68 , worth about $68 billion at bitcoin’s current price of roughly $62,000. If nothing happened, he said, the community could decide whether to freeze those addresses.

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