The simple question from a layman is : what happens to Satoshi's coins ?

Reply to this note

Please Login to reply.

Discussion

Lopp says they get burned so they dont get stolen

If something like my migration BIP activates then either Satoshi upgrades the locking scripts for their coins or they get frozen.

While my research suggests it should be possible to enable a recovery option for BIP32 wallets, there's no additional data available that JBOK wallets would be able to use to prove to the network that they aren't a quantum attacker.

The promise of the network was : put your money in ..and get it back after 100 s years .. no one said you need to upgrade every couple years .

be honest

you just want to steal Satoshis coins with your quantum computer

nah but fr

one curious side effect of a hard capped money supply,

is that the early adopters want to slam the doors behind them and burn as many coins as possible.

Who promised you that?

No one has the authority or ability to make such guarantees.

You must be kidding .. if the network can't even protect its creators' asset ..what do you even mean by security !

The network has no knowledge of which assets may being to its creator.

"The network" as in the forked chain ?

Any network. No human knows other than Satoshi, and no machine knows.

what is happening...?

😮