Changpeng Zhao Proposes Freezing Satoshi’s Bitcoin to Counter Quantum Computing Threat Share: Binance founder Changpeng Zhao proposed freezing or removing the roughly one million Bitcoin (≈5% of supply) attributed to Satoshi Nakamoto after a quantum-resistant crypto upgrade, with a suggested 6–12 month grace period for any legitimate owner to move funds. He described quantum computing as a manageable but long-term threat (most experts estimate 10–15 years) and emphasized that any protocol change must follow broad community consensus to preserve crypto security. The idea is highly contentious for governance and decentralization and would create a permanent supply shock with major market implications, so debate over adoption, protocol upgrades and market risk will intensify. BitcoinWorld Changpeng Zhao Proposes Freezing Satoshi’s Bitcoin to Counter Quantum Computing Threat Binance founder Changpeng Zhao has ignited a fresh debate within the cryptocurrency community by proposing that the roughly one million Bitcoin believed to be controlled by Satoshi Nakamoto should be frozen or removed from circulation after a quantum-resistant network upgrade. In a recent podcast interview, Zhao addressed growing concerns about quantum computing’s potential to break Bitcoin’s cryptographic security, arguing that while the threat is not immediate, proactive measures are necessary to prevent an unfair seizure of the dormant coins. Quantum Computing: A Manageable Risk, Not a Fatal Blow Zhao emphasized that quantum computing does not pose an existential threat to Bitcoin itself. The network can be upgraded with quantum-resistant cryptographic algorithms, a process that would require broad community consensus. He described the risk as manageable, provided the industry acts before quantum computers become powerful enough to crack existing encryption standards. The timeline for such a threat remains uncertain, with most experts estimating it is at least a decade away, but Zhao argued that planning should begin now. The Satoshi Nakamoto Dilemma The most contentious part of
Changpeng Zhao Proposes Freezing Satoshi's Bitcoin to Counter <b>Quantum Computing</b> Threat
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