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Author: CryptoNinjas

The Quantum Computing Threat for Satoshi Nakamoto’s 1 Million Bitcoins

Key Takeaways: Quantum Threat to Early Bitcoin Transactions: The 1 million Bitcoins associated with Satoshi Nakamoto are particularly vulnerable due to the Pay-to-Public-Key (P2PK) format, which exposes public keys and could be exploited by advanced quantum computers. Freezing Bitcoin Sparks Debate: Proposals to freeze Satoshi’s Bitcoins to prevent exploitation are contentious…

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