Hoskinson Critiques Bitcoin Quantum Fork Proposal
April 16, 2026 at 09:44
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✦ AI Summary
- Cardano's Hoskinson challenges the BIP-361 proposal
- He warns of potential freezing of 1.7 million BTC
- The plan is seen as a threat to sound money principles
Charles Hoskinson, founder of Cardano, has voiced strong disapproval of BIP-361, a proposal aimed at freezing 1.7 million Bitcoin, including those held by Satoshi Nakamoto, in anticipation of a potential quantum attack from North Korea in 2033. Hoskinson argues that this plan fundamentally undermines the principles of sound money by prioritizing short-term security over the integrity of cryptocurrencies.
He emphasizes that tampering with the foundational aspects of Bitcoin could have long-lasting repercussions in the crypto landscape.
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