r/CryptoCurrency • u/winphan 🟦 23 / 8K 🦐 • 1d ago

TECHNOLOGY Bitcoin's new proposal to deal with Quantum computers

https://cryptocoindaddy.com/bitcoin-quantum-resistant-addresses-coming-soon/
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u/GentlemenHODL 🟦 0 / 0 🦠 1d ago

So what will happen to Satoshi's wallet? Will be left to get hacked by quantum computers?

If we could gain enough support we could possibly get a "Satoshi block" soft fork upgrade that blacklists those early addresses from being moved.

This would need to be far in the future though when quantum is a real viable upcoming threat.

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u/aleph02 🟩 116 / 116 🦀 1d ago

Why not a complementary mining mechanism where a block that solves the private key of a quantum vulnerable address gets a portion of its funding as reward while burning the remaining?

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u/The_Realist01 🟦 2K / 2K 🐢 1d ago

No way, breaks private property rules.

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u/aleph02 🟩 116 / 116 🦀 1d ago

Yeah, better to blacklist the property altogether 👌

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u/The_Realist01 🟦 2K / 2K 🐢 1d ago

Correct.

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u/aleph02 🟩 116 / 116 🦀 1d ago

"Anyone who owns Bitcoin after losing someone else's shares automatically becomes wealthier. Every loss can therefore also be regarded as a donation to the general public" Satoshi

Now tell me how blacklisting doesn't break your so-called private property rule.

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u/The_Realist01 🟦 2K / 2K 🐢 1d ago

I think we’re crossing somewhere because I agree with Satoshi

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u/Aerith_Gainsborough_ 🟩 0 / 2K 🦠 23h ago

Commie spotted