bip360.org

Satoshi's Coins: Freezing or Seizing? How do we respond to Quantum Supremacy in the coming years. As per the title of this reddit thread, there are only two routes to take when entering a post quantum world: Freezing or Seizing. It's also important for us to have these conversations without vitriol, contempt, or memes for someone with an opposing perspective. Personally, I've been too busy with my 3 jobs and trying to pay the bills to really pay attention to what is going on in this area of the bitcoin sphere. This also, technically isn't really my problem since my bitcoin is in a post-quantum-enabled wallet address. Last I checked, there was a *drafted* BIP proposal from Jameson Lopp that suggests we lock a group of wallet addresses that encompasses "satoshi era" wallets. These start with a specific prefix, denoted by the table here: https://imgur.com/a/iMMWc1r More technical reading: https://bip360.org/bip360.html https://bips.dev/361/ 1% is not a lot of wallet addresses. Some people estimate that between 3 to 6 million bitcoin were completely forgotten about by early miners from 2009 to 2012 when it was relatively easy to get a block reward of 50 BTC. If we see those stolen and sold it could cause a black swan and we could get cheaper bitcoin, right? #More concretely, however, the hypotheticals below are worth discussing: 1. A company claims to have reached quantum supremacy. Should they or should they not demonstrate they can move satoshi's coins and send them to a quantum-proof burner wallet as an altruistic and harmless demonstration of power? 2. A guy threw away his PC in 2010. He mined 10,000 BTC. He still knows the wallet address. Should he or should he not team up with a quantum-supreme company to recover those 10,000 BTC? 3. North Korea / Russia / Iran build a quantum PC that can get Satoshi's coins. Should they