On April 3, 2026, Bankless discussed strategies for managing the 2.3 million dormant Bitcoins attributed to Satoshi Nakamoto, which are at risk from quantum hacking. The discussion referenced a Google paper proposing solutions such as a complete burn, an hourglass mechanism, and a pegged sidechain. Binance CEO CZ suggested that if these Bitcoins remain inactive, it might be prudent to lock or burn the addresses.
The Bankless hosts expressed surprise at the idea of destroying such a significant amount of Bitcoin, emphasizing the implications for property rights that underpin Bitcoin's value proposition. The debate highlights the ongoing concerns about securing dormant cryptocurrencies against emerging technological threats.
Debate Over Handling Satoshi's 2.3 Million Bitcoins Amid Quantum Threats
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