Satoshi’s Bitcoin at risk: Quantum computing advancements threaten 1 million Bitcoin stored in the outdated P2PK format. This older format reveals public keys, making them susceptible to attacks. The threat is prompting discussions on how to better protect these vulnerable assets.
Preventive measures needed: Experts suggest freezing these P2PK coins to shield them from potential quantum attacks. This could involve halting transactions or setting expiration dates for P2PK UTXOs. Such measures are crucial as the Bitcoin community prepares for future security challenges.