What happens to Satoshi's BTC when Bitcoin's quantum problem is fixed?
A Coinbase-convened panel says Bitcoin should start preparing for quantum attacks now, but declines to take a position on whether millions of vulnerable coins, including many linke...
News Desk
Staff Writer
Published
Jun 13, 2026
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CoinDesk
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AI Insight:The fate of Satoshi Nakamoto's Bitcoin stash hangs in the balance as experts warn of impending quantum attacks.
A recent panel convened by Coinbase has emphasized the need for Bitcoin to prepare for quantum attacks, which could potentially compromise the security of the network. The panel's warning is particularly significant given the large number of vulnerable coins, including those owned by the mysterious Satoshi Nakamoto, who is estimated to hold around 1 million Bitcoins. If a quantum computer were to be developed that could crack the Elliptic Curve Digital Signature Algorithm (ECDSA) used to secure Bitcoin transactions, it could potentially allow an attacker to steal these coins and others that are currently considered secure. While the development of a practical quantum computer is still a subject of ongoing research, experts agree that it is only a matter of time before such a device is developed. As a result, the Bitcoin community is being urged to take proactive steps to address the quantum threat, including the development of quantum-resistant cryptographic protocols and the implementation of post-quantum key exchange algorithms. The fate of Satoshi's Bitcoin stash and the security of the entire Bitcoin network hangs in the balance as the cryptocurrency community grapples with the implications of a quantum-secure future.