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Are we getting a new Bitcoin fork?Bitcoin devs want to freeze quantum vulnerable wallets via BIP-361

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Ignas | DeFi Research
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9 days ago
AI summarizes in 5 seconds.

Are we getting a new Bitcoin fork?

Bitcoin devs want to freeze quantum vulnerable wallets via BIP-361.

Satoshi's 1.1M BTC included.

Not sure what % of the community wants to freeze anyone else's Bitcoins.

Some core devs don't even admit quantum is a real risk at all (post lined in comments).

There could be some old OG sleeping and maybe walking one day with his BTC gone.

Philosophical forks (not technical) are my favorite. Entertaining. We had a few:

- Bitcoin Cash (2017): payments vs store of value?

- Bitcoin Gold (2017): GPU friendly mining vs industrial farms? BTC gold got hit by TWO 51% attacks so that's answered question.

- Bitcoin SV (2018): who defines satoshi’s vision?

- eCash (2020): fund development from block rewards?

It's been quiet for years but quantum debate is different from the old ones because it's not about blocks or mining, but about if Bitcoin can take coins away from someone.

And this time forks could be more disruptive due to ETF adoption.

If a fork happens, what do BlackRock and Fidelity hold? Do they redistribute forked BTCs to holders?

Whatever they pick becomes 'real' Bitcoin for every tradfi investor which means the ETF issuers might end up deciding the fork instead of the miners and nodes.


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