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Everybody will need new private keys. What do you do with old coins? Satoshi's one for example? Or lost coins that nobody has the key for? Do you set a thresh
by zazagura 7y ago
Everybody will need new private keys.
What do you do with old coins? Satoshi's one for example? Or lost coins that nobody has the key for?
Do you set a threshold day, after which all unclaimed coins are just marked destroyed forever? If not, how do you know someone claiming some coins didn't use a quantum computer to get the key?
- gruez 7y ago>Do you set a threshold day yeah pretty much. >What do you do with old coins? Satoshi's one for example? Or lost coins that nobody has the key for? If those coins hasn't been touched for decades, despite widespread announcements of pre-quantum cryptography (presumably it wouldn't happen overnight), it's safe to say that nobody is going to claim them.
- rolltiide 7y agoDont treat any address differently
- rolltiide 7y agoYou wont know that, you will provide the tools and also new accounts will have assurance and regenerate confidence in the system So we have moved from concluding that bitcoin use is an irreparably flawed concept to a method of maintaining viability of the concept