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50 sats \ 1 reply \ @quark 11 Apr \ on: What should be done about Satoshi's coins when ECC is broken? bitcoin
The coins will probably be moved before the cryptography vulnerability is announced. They would secretly get the coins before anything else.
To prevent this, I think there was and idea about a hard fork requiring coin holders to renew them periodically (could be years) to avoid losing the coins. This would burn Satoshi's coins and lost coins, giving a better representation of the total available supply.
Sounds horrible. I want to stick my seedphrase in a time capsule for my great-great-great-great-great grandchildren to discover one day.
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