Avalanche founder: Bitcoin's early P2PK format will leak public keys, and Satoshi Nakamoto's 1 million bitcoins should be frozen under quantum threats

Odaily Planet Daily Report Avalanche founder and renowned academic Emin Gün Sirer said this morning that Satoshi Nakamoto's 1 million bitcoins may face quantum threats. The early Bitcoin used a very old Pay-To-Public-Key format, which would reveal the public key and give attackers time to study it, which is the source of all cryptographic bounties. Modern Bitcoin wallets or Avalanche-like modern systems do not use P2PK, but it did exist in the early stages of Bitcoin. Therefore, as the quantum threat intensifies, the Bitcoin community may need to consider freezing Satoshi Nakamoto's 1 million bitcoins, or more generally, providing a final date and freezing the bitcoins on all P2PK UTXOs. Earlier, Google officially announced the launch of its latest quantum chip Willow, claiming that it can complete calculations that would take the current top computers 10,000,000,000,000,000,000,000,000 (10 to the 25th power) years in less than 5 minutes.