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  1. Home
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  3. Why are Satoshi's Bitcoin holdings specifically discussed in the quantum threat context?

Why are Satoshi's Bitcoin holdings specifically discussed in the quantum threat context?

Scheduled Pinned Locked Moved FAQ
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  • lingriidddL Offline
    lingriidddL Offline
    lingriiddd
    wrote last edited by
    #1

    f01aa620-9aef-43d6-bd3b-e16366e5913b-image.png

    Satoshi Nakamoto's estimated 1.1 million Bitcoin sits across approximately 22,000 Pay-to-Public-Key addresses of 50 BTC each, a legacy address format from Bitcoin's earliest days where the public key is directly visible on the blockchain. This makes these addresses among the most immediately vulnerable to a quantum attack because an attacker with a capable quantum computer would not need to wait for a transaction to reveal the public key. It is already exposed. The concentration of roughly 1.1 million BTC in these addresses, combined with Satoshi's decade-plus absence and the near-universal assumption that these coins will never move voluntarily, makes them a focal point for discussions about what a quantum attack on Bitcoin would look like in practice and what it would mean for the network.

    1 Reply Last reply
    1
    • cryptoenthusiastC Offline
      cryptoenthusiastC Offline
      cryptoenthusiast
      wrote last edited by
      #2

      22,000 addresses of exactly 50 BTC each creates a fingerprint so distinctive that any movement would be instantly identifiable and immediately market-moving at any scale.

      1 Reply Last reply
      1
      • PatapimP Offline
        PatapimP Offline
        Patapim
        wrote last edited by
        #3

        Quantum fears around BTC getting louder lately πŸ‘€

        1 Reply Last reply
        4
        • CoffeeZombieC Offline
          CoffeeZombieC Offline
          CoffeeZombie
          wrote last edited by
          #4

          Imagine Satoshi wallets moving one day 😳

          1 Reply Last reply
          7
          • BrutalAge*gofastB Offline
            BrutalAge*gofastB Offline
            BrutalAge*gofast
            wrote last edited by
            #5

            Those untouched coins almost feel mythical now.

            1 Reply Last reply
            7
            • The_Walking_DeadT Offline
              The_Walking_DeadT Offline
              The_Walking_Dead
              wrote last edited by
              #6

              1.1M BTC sitting still for years is actually insane.

              1 Reply Last reply
              4
              • SuzukispeedtestS Offline
                SuzukispeedtestS Offline
                Suzukispeedtest
                wrote last edited by
                #7

                People joke about quantum attacks until tech catches up πŸ€–.

                1 Reply Last reply
                3
                • bredB Offline
                  bredB Offline
                  bred
                  wrote last edited by
                  #8

                  Kinda scary how visible those old addresses are.

                  1 Reply Last reply
                  3
                  • Capybara_CapybaraC Offline
                    Capybara_CapybaraC Offline
                    Capybara_Capybara
                    wrote last edited by
                    #9

                    One movement from those wallets and market goes crazy πŸ˜‚

                    1 Reply Last reply
                    3
                    • RevenantR Offline
                      RevenantR Offline
                      Revenant
                      wrote last edited by
                      #10

                      Early Bitcoin history still affects the future somehow.

                      1 Reply Last reply
                      3
                      • febe3f2e35F Offline
                        febe3f2e35F Offline
                        febe3f2e35
                        wrote last edited by
                        #11

                        Feels like BTC security discussions are entering a new era.

                        1 Reply Last reply
                        2
                        • 0c4535c1a00 Offline
                          0c4535c1a00 Offline
                          0c4535c1a0
                          wrote last edited by
                          #12

                          Crazy that ancient wallets are now part of quantum debates.

                          1 Reply Last reply
                          2
                          • d82ae58262D Offline
                            d82ae58262D Offline
                            d82ae58262
                            wrote last edited by
                            #13

                            Not gonna lie this topic sounds straight out of sci-fi πŸ˜…

                            1 Reply Last reply
                            3
                            • 059d96d16a0 Offline
                              059d96d16a0 Offline
                              059d96d16a
                              wrote last edited by
                              #14

                              Satoshi’s silence created one of crypto’s biggest mysteries.

                              1 Reply Last reply
                              3
                              • 97770892359 Offline
                                97770892359 Offline
                                9777089235
                                wrote last edited by
                                #15

                                Everyone bullish until quantum computers enter the chat 😭

                                1 Reply Last reply
                                2
                                • GummyBearG Offline
                                  GummyBearG Offline
                                  GummyBear
                                  wrote last edited by
                                  #16

                                  These old BTC addresses are basically crypto legends now.

                                  1 Reply Last reply
                                  1
                                  • ChewBeastC Offline
                                    ChewBeastC Offline
                                    ChewBeast
                                    wrote last edited by
                                    #17

                                    Wild how decisions from 2009 still matter today πŸš€

                                    1 Reply Last reply
                                    0


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