Quantum fixes protect Bitcoin, but legitimate owners risk lockout
- —Carter: a sweep of dormant BTC could fit within 10 blocks, roughly 100 minutes
- —Glassnode: 6.04 million BTC, 30.2% of supply, have exposed public keys
- —Jameson Lopp: about 2.6 million exposed BTC may be unable to migrate
- —BIP-361 would restrict vulnerable addresses after 3 years, legacy signatures after 5
Why it matters: If a quantum breakthrough arrives before migration, the Bitcoin community must choose between protecting the network and preserving access for holders of dormant coins.
Source: CryptoSlate