made<\/a> on X, formerly known as Twitter. The proposal outlined that such a change would reduce the supply of bitcoin, increase security, and strengthen the network.<\/p>\nSaylor and Bitcoin continue to make headlines<\/h2>\n
The proposed hard fork would prevent Satoshi Nakamoto, Bitcoin\u2019s pseudonymous creator, from spending coins associated with early P2PK addresses. The upgrade would also require nodes and miners to migrate to backwards-incompatible software.<\/p>\n
\u201cThe Bitcoin quantum leap: Quantum computing won\u2019t break Bitcoin (BTC) \u2014it will harden it. The network upgrades, active coins migrate, lost coins stay frozen. Security goes up. Supply comes down. Bitcoin grows stronger,\u201d Saylor wrote in the post.<\/p>\n
The proposal drew criticism from members of the cryptocurrency community. One developer commented that the measures described were \u201cextremely complex with colossal risk and externalities,\u201d according to responses to the post. Other users questioned the ethics of freezing assets belonging to other parties.<\/p>\n
<\/p>\n
Quantum computers pose a theoretical threat to Bitcoin\u2019s cryptographic security, though experts suggest such capabilities remain years or decades away. Large-scale, fault-tolerant quantum computers running Shor\u2019s algorithm could potentially break the Elliptic Curve Digital Signature Algorithm (ECDSA) used by Bitcoin, allowing attackers to derive private keys from certain P2PK public keys.<\/p>\n
The vulnerable outputs include unspent transaction outputs from the earliest days of the Bitcoin ledger, including those belonging to Satoshi Nakamoto and early Bitcoin developer Hal Finney. If a private key were compromised, an attacker could sign transactions and spend all bitcoin in the associated wallet.<\/p>\n
Saylor serves as executive chairman of Strategy, a business intelligence firm that has accumulated significant bitcoin holdings as part of its corporate treasury strategy.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Saylor claims quantum won\u2019t break Bitcoin but urges a hard fork to freeze vulnerable P2PK coins, cutting supply and igniting ethics, security and governance backlash. Summary Saylor proposes a backward\u2011incompatible…<\/p>\n","protected":false},"author":1,"featured_media":393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=18168"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18168\/revisions"}],"predecessor-version":[{"id":18169,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/18168\/revisions\/18169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/393"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=18168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=18168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=18168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}