Nic Carter Says Bitcoin Has 3 Ways To Handle Satoshi’s Coins
Founding partner at Castle Island Ventures Nic Carter has laid out what he sees as three plausible paths for Bitcoin as the industry moves toward post-quantum cryptography: freeze vulnerable early coins, leave them untouched and accept the consequences, or pursue a legal “salvage” process that avoids a protocol-level confiscation. The debate matters because, in Carter’s […]
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On-chain sleuth Tyler has drawn attention to a Bitcoin hard fork proposal amid the quantum threat to the Bitcoin network. This has raised concerns about what could happen to Satoshi Nakamoto’s BTC holdings, although the developer behind the proposal has assured that Satoshi’s coins will remain safe. Proposed Bitcoin Hard Fork Raises Concerns About Satoshi’s […]
Blockstream CEO Adam Back publicly rebuked Castle Island Ventures partner Nic Carter after Carter explained why his firm backed Project Eleven, a startup that says it will protect bitcoin and other crypto assets from quantum computing risks. Related Reading: Coinbase Escalates Regulatory Fight With Lawsuit Against 3 States Back told Carter on X that his […]
Satoshi Nakamoto’s Bitcoin holdings risk getting stolen as the quantum threat becomes more of a possibility. BTC developer Hunter Beast has notably proposed the Hourglass V2 proposal amid debates on the best way to handle Satoshi’s supply, to mitigate the impact of sell pressure that Bitcoin could face if these coins get stolen. BTC Dev […]
What is Satoshi’s Place and how is it different then other pixel ad projects? Well, first of all, as you might have noticed, different spaces have a different value on this page. Cheaper ad spaces will be claimed rapidly making the site (and the ads) grow in value with every new advertiser. This hasn’t yet been done as far as I know with a pixel ad site of similar. Secondly, it doesnt use a content management system, thus is far more secure being coded almost entirely in HTML. Also, it looks neat *Evil Grin*. What sparked the idea of Satoshi’s place?
On-chain analyst James Check has pushed back against claims that a quantum-enabled sale of Satoshi-era Bitcoin would represent an existential market shock, arguing that the likely sell-side pressure is far smaller than the headline numbers suggest. In an April 23 report titled “Selling Satoshi’s Stack,” Check examined the debate over whether Bitcoin should freeze quantum-vulnerable […]