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Avalanche CEO raises concerns on freezing 1 million Bitcoins for security

Quantum threats to early mined Bitcoins: Emin Gün Sirer alerted Bitcoin users about the security risks posed by quantum computing to 1 million Bitcoins linked to Satoshi Nakamoto. These Bitcoins, mined at inception, employ the P2PK format, exposing them to vulnerabilities.

Mixed reactions on freezing proposal: The Bitcoin community has divided opinions on Sirer’s freezing proposal. Some advocate for the move as a necessary precaution against future quantum threats while others view it as a violation of the decentralized nature of cryptocurrency.

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