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Jameson Lopp stories

Apr 14, 2026

BIP-361 proposes freezing quantum-vulnerable Bitcoin within five years

Jameson Lopp and five co-authors publish BIP-361, a three-phase plan to phase out legacy signatures and freeze any unmigrated coins within five years, including an estimated 1.1 million BTC attributed to Satoshi Nakamoto.

Apr 14, 2026·4 sources
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Top claims

  • ▪The 5.6 million dormant bitcoin is worth roughly $420 billion at current prices.
  • ▪Any change from BIP-361 would require consensus across the decentralized Bitcoin network.
  • ▪Jameson Lopp and other analysts consider the 5.6 million dormant bitcoin likely lost.

Topics

Blockchain quantum resistanceCryptography & hashingBitcoin historyBitcoin protocol & upgradesSatoshi NakamotoBitcoin security & risksBIP 321
Bitcoin governance

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