Satoshi's bitcoin: why 1.1 million coins could be frozen

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Around 1.1 million bitcoin, worth a good $91 billion today, are attributed to Bitcoin's inventor Satoshi Nakamoto. A draft from Bitcoin developers would freeze them before a quantum computer can steal them. What lies behind BIP-361, what argues against it, and which addresses of yours would also be affected.Around 1.1 million bitcoin are attributed to Bitcoin's inventor, Satoshi Nakamoto. At Sunday morning's price of $83,045 that is a good $91 billion, or roughly 81.5 billion euros, spread across early addresses from the network's first year. The coins are regarded as untouched. They sit nonetheless at the centre of one of the fiercest debates among Bitcoin developers: a draft numbered BIP-361 would freeze them before a quantum computer can one day steal them. The question of what happens if Satoshi returns is as old as Bitcoin itself. New is the question of whether his coins could be moved at all once the network hardens itself against quantum attacks. There is a practical less...