Satoshi's 1 Million BTC Might Have to Be Frozen or Lost to Quantum Hackers: CryptoQuant CEO
15 Articles
15 Articles
Bitcoin Stagnates as 'Satoshi Freeze' Debate Collides With Middle East War Drums
Bitcoin traded flat near $66,000 on Feb. 18, showing little momentum despite sharp intraday swings. The day’s debate centered on comments from Cryptoquant’s CEO, Ki Young Ju, who questioned whether dormant coins — including Satoshi Nakamoto’s 1.1 million bitcoins — should ever be frozen at the protocol level. Bitcoin Stagnates in Narrow Range Bitcoin exhibited […]
The Danger of Quantum Computing for Bitcoin: Real Existential Threat or Exaggerated FUD? - The Cryptocurrency Post
The “Quantum Apocalypse” narrative has resurfaced with cyclical virulence, acting as a recurring tool to inject fear into digital asset markets whenever price consolidates at key levels. The premise is terrifying in its simplicity: a machine with sufficient logical Qubits and error correction could break the ECDSA (Elliptic Curve Digital Signature Algorithm), exposing Bitcoin’s private keys and collapsing the network in a matter of hours. Howeve…
Gold Will Likely Outperform Bitcoin for Years As 'Quantum Cloud' Hangs Over BTC's Head: Analyst Willy Woo
Analyst Willy Woo believes gold will likely continue to outperform Bitcoin (BTC) for years to come. Woo tells his 1.2 million followers on X that BTC’s 12-year uptrend against the precious metal has been broken. He believes it’s due to concerns that quantum computers could eventually break BTC’s cryptographic security. “12-year trend broken. BTC should be valued a lot higher relative to gold. Should be. It’s not. The valuation trend broke down o…
CryptoQuant Founder Proposes Freezing Old Bitcoin Addresses to Prevent Quantum Attacks
Ki Young Ju, founder of CryptoQuant, has proposed that a future Bitcoin (BTC) quantum upgrade may require freezing old addresses to protect against potential theft by quantum computers. He also believes that addressing the risk would be challenging because the crypto community has historically struggled to agree on protocol changes. Solution to Quantum Risk In a social media post, Ju explained that anyone holding BTC in old address types faces t…
Bitcoin Quantum Threat: CryptoQuant's CEO Flags Risk of Losing Satoshi's 1M BTC Stash to Hackers
CryptoQuant CEO Ki Young Ju has raised concerns about a growing Bitcoin quantum threat. He warned that advances in quantum computing could expose millions of coins. While not immediate, he said the scale of potential risk requires early discussion. How Legacy Addresses Increase the Bitcoin Quantum Threat In an X post, CryptoQuant founder highlighted that The post Bitcoin Quantum Threat: CryptoQuant’s CEO Flags Risk of Losing Satoshi’s 1M BTC Sta…
A post from the CryptoQuant CEO sparks a new fundamental debate on Bitcoin's security in the quantum age. Is Satoshi's legacy in danger? Source: BTC-ECHO BTC-ECHO
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