CZ Proposes Freezing Unmoved Bitcoin After Quantum-Resistant Migration on June 18

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According to his June 18 appearance on Galaxy Brains podcast, Binance founder Changpeng Zhao floated a theoretical proposal to freeze unmoved legacy Bitcoin after a future migration to quantum-resistant cryptography. CZ expressed concern that quantum computing could threaten early Bitcoin addresses with exposed public keys, particularly those linked to Satoshi Nakamoto. He suggested a potential governance path where users would receive a migration window to move coins to quantum-safe addresses, with unmoved coins potentially frozen afterward to prevent theft. CZ clarified the idea is not a formal Bitcoin Improvement Proposal or active protocol change, and he does not possess the power to implement such a freeze. The proposal has sparked debate within the Bitcoin community about balancing security against immutability and property rights principles.
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