Post
Topic
Board Bitcoin Discussion
Re: Did Satoshi think that quantum computers will exist?
by
satoshyknew
on 20/12/2019, 15:28:11 UTC
4 Million Bitcoins Worth $40 Billion in Danger from Quantum Attacks
https://cryptonewspipe.com/4-million-bitcoins-worth-40-billion-in-danger-from-quantum-attacks/
https://bitcoinist.com/bitcoin-worth-usd-40-billion-vulnerable-to-quantum-attacks/
'How can BTC be Protected from Quantum Computers? Simply put, p2pkh addresses that were not previously used for spending Bitcoin should be perfectly safe. Their public keys were not revealed to the public, meaning that not even quantum computers can use them to derive a private key. All that people need to do is transfer their BTC to a new p2pkh address, and their funds should be perfectly safe.'

Satoshi knew that one day quantum computers will exist and will be able to move the early mined coins (P2PK) and created an unofficial prize competition to accelerate the development.

Nobody is asking why he is not moving the early mined unmoved P2PK coins:
These early mined unmoved P2PK coins are intented for an unofficial prize competition
https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
https://bitcointalk.org/index.php?topic=175996.0

But Satoshi had mined more than the above mentioned coins. He had several computers to mine and his own coins are unknown. Some say these coins decrease the total number of coins as they can't be used. But in 2009 we had an agreement that the supply limit is 21 million BTC and that limit won't be changed. They will become active and all coins will be used.