🚨 Quantum Recovery Tool for Bitcoin Can’t Save Satoshi Nakamoto’s Holdings
Project Eleven has announced the development of a Zero-Knowledge Proof system that could help Bitcoin
$BTC holders recover coins exposed to quantum computing risks.
This system supports the recovery approach proposed in BIP-361, which aims to freeze addresses exposed to risk after a transition period to protect users.
But there’s an important point:
❌ The tool can’t recover what’s estimated to be around 1.1 million BTC tied to Satoshi Nakamoto’s holdings, because these coins do not have proof of active ownership that can be verified.
This proposal is designed to protect Bitcoin users in the event of a major future quantum computing breach—not to recover coins whose control cannot be proven.
#Bitcoin #QuantumComputing #ZeroKnowledgeProof #BIP361 $BTC