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Bitcoin experts divided on freezing Satoshi's 1.1 million bitcoin due to quantum threat. · Cyprus Report

Business · World

Bitcoin experts divided on freezing Satoshi's 1.1 million bitcoin due to quantum threat.

1 sourceFirst reported 17 days agoUpdated 17 days ago

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Experts in the cryptocurrency field are divided on a proposal to freeze 1.1 million bitcoins attributed to Satoshi Nakamoto. Binance founder Changpeng Zhao advocates for freezing these bitcoins to protect them from potential threats posed by quantum computing. However, there are differing opinions within the expert community regarding the necessity and implications of such a move. The debate highlights the growing concerns surrounding the security of Bitcoin amidst advancements in quantum technology.

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Bitcoin experts split over plan to freeze Satoshi's 1.1 million bitcoin as quantum threat growsCoinDesk · 17 days ago

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AI summary: catch up in 20 seconds

Experts in the cryptocurrency field are divided on a proposal to freeze 1.1 million bitcoins attributed to Satoshi Nakamoto. Binance founder Changpeng Zhao advocates for freezing these bitcoins to protect them from potential threats posed by quantum computing. However, there are differing opinions within the expert community regarding the necessity and implications of such a move. The debate highlights the growing concerns surrounding the security of Bitcoin amidst advancements in quantum technology.

Generated by AI from the 1 sources below · always verify with the originals