Bitcoin core developer: Better to freeze 5.6 million BTC than to fall into the hands of quantum hackers

By: rootdata|2026/04/16 00:42:01

btc-42">Bitcoin core developer Jameson Lopp stated that, compared to the potential quantum computing attacks that may arise in the future, he prefers to "freeze" about 5.6 million long-dormant BTC from the network rather than let them be acquired by attackers. These Bitcoins have not moved for over 10 years and may be permanently lost, valued at approximately $42 billion at current prices. If future breakthroughs in quantum computing lead to the decryption of old address private keys, this portion of assets could be re-transferred, triggering severe market fluctuations or even a crisis of confidence.

Although the community recently proposed BIP-361, the proposal is still in its early stages and is not an officially promoted plan, but rather more like a contingency plan to address "extreme risks."

-- Price

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