Avalanche founder: The early P2PK format of Bitcoin could leak public keys, and under quantum threats, Satoshi Nakamoto's 1 million bitcoins should be frozen
AiCoin|12月 10, 2024 02:19
Odaily Planet Daily News: Avalanche founder and renowned academic expert Emin G ü n Sirer stated this morning that there may be a quantum threat issue with Satoshi Nakamoto's 1 million bitcoins. Early Bitcoin used the very ancient Pay To Public Key format, which leaked the public key and gave attackers time to study, which is the source of all encrypted bounties. Modern Bitcoin wallets or modern systems such as Avalanche do not use P2PK, but it did exist in the early stages of Bitcoin.
Therefore, as the quantum threat intensifies, the Bitcoin community may need to consider freezing Satoshi Nakamoto's 1 million bitcoins, or more generally, providing a final date and freezing all bitcoins on P2PK UTXOs.
Earlier, Google officially announced the release of its latest quantum chip Willow, claiming that it can complete calculations that current top tier computers require 1000000000000 years (10 ^ 25) to complete in less than 5 minutes.
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