Post
Topic
Board Development & Technical Discussion
Re: I don't believe Quantum Computing will ever threaten Bitcoin
by
Cnut237
on 24/02/2020, 09:54:39 UTC
the most exciting times, hashing will be history. We will make all "lost" coins active.

"Exciting times" brings to mind the Chinese curse of living in interesting times.

Lost coins on the chain will indeed be vulnerable to QCs as these are the ones that won't be moved to quantum-safe addresses following a bitcoin upgrade. Making these coins available for theft by QCs could be terrible for bitcoin's price, but more so for faith in crypto as a whole, similarly if anything not moved was burned to prevent theft by QCs. There's no easy answer here.