Ava Labs founder: The development of quantum computing is astonishing and may pose a threat to the Bitcoin held by Satoshi Nakamoto

ChainCatcher news, Ava Labs founder Emin Gün Sirer stated, "While the latest developments in quantum computing are astonishing, they do not pose a threat to the security of cryptocurrencies, at least not at this moment! As for the question of whether Satoshi's 1 million bitcoins might be at risk from quantum threats, it uses a very old payment public key (P2PK) format, which exposes the public key and gives attackers time. As QC becomes a threat, the Bitcoin community may want to consider freezing Satoshi's tokens, or more generally, providing a shutdown date and freezing all tokens on P2PK utxos."