How to resolve the matter of the Satoshi coins without a freeze
 How to resolve the matter of the Satoshi coins without a freeze by rvolz.eth1470 🥝 • 6mo • 0 views • 0 clicks | |
AI summary of the linked articleThe author argues that Bitcoin will likely need a protocol response to quantum computing, and that the hardest question will be what to do with about 1.7 million coins in old pay-to-public-key outputs, including those attributed to Satoshi, that never migrated. The article describes a "freeze" camp of institutions and some developers, including Jameson Lopp and Pieter Wuille, who favor confiscating these coins, and a "do not freeze" camp of Bitcoin maximalists opposed to changing the protocol. The author predicts that institutions will win by precommitting to a freeze fork, and proposes a court-appointed US firm recovering the coins as a possible compromise. | |
 An amusing episode: legal salvage is the only route that both preserves Bitcoin’s monetary and ideological integrity and prevents a catastrophic quantum windfall to an attacker.  Man what a dumb argument. I wonder what his plans are with writing this article. Maybe he just wanted to impress some higher ups in the US government because generally speaking that secret third way makes no sense at all | |
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