Burning quantum-vulnerable BTC is the best option — Jameson Lopp
Jameson Lopp, the chief security officer at the Bitcoin custody company Casa, argues against allowing the recovery of lost BTC by hackers using quantum computers, advocating instead for burning these coins to maintain the integrity of the Bitcoin protocol. He stresses that permitting such recovery would undermine key properties of the network, including censorship resistance and transaction immutability, leading to unethical wealth redistribution from uninformed holders to those with advanced quantum technology. The discussion surrounding quantum vulnerability in Bitcoin remains contentious, with varying opinions on the imminent threats posed by quantum computing versus the ongoing practicality of these technologies. In light of recent claims by researchers about the capabilities of quantum computers in factoring large integers, Lopp warns of the potential harms to Bitcoin's security if quantum recoveries are allowed. Overall, he concludes that the risks associated with quantum recovery significantly outweigh any benefits, urging the community to consider the long-term security implications for Bitcoin.
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