"Satoshi'S 1 million were created under the old system of

Question

"Satoshi'S 1 million were created under the old system of

addressing called p2pk (pay-to-public-key) before the adoption of p2pkh (pay-to-public-key-hash). they are vulnerable to reverse engineering of the private keys by a sufficiently advanced computer. These keys are not protected by the SHA-256 algorithm. So it is entirely possible that in the next few years, that these keys will be hacked, causing a severe loss of confidence in Bitcoin and the sale of 1 million bitcoin would cause the price of Bitcoin to tank and possibly never recover."

Saw this somewhere on Reddit, is this possible on BCH chain?

#bch #bitcoincash #cryptocurrency #english

0

23.08.2024

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bitcoincashautist

yup, it is the ultimate quantum computing bounty

0

4 месяца назад

Tom · Accepted Answer

Tom

you can do the math. 1.1 million BTC and BCH coins. Its been 15 years. They haven't moved. It is simply the worlds greatest honey-pot proving that that person was just spreading fear-uncertainty and doubt.

0

4 месяца назад

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"Satoshi'S 1 million were created under the old system of

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