He authored Bitcoin Improvement Proposal 361 (BIP-361), which outlines a phased migration to quantum-resistant cryptography.
“The goal is to create incentives and deadlines so users, exchanges, custodians, wallets and institutions actually migrate in a timely fashion,” saidLopp, who in April said it would be better to freeze Satoshi’s hoard and millions of other dormant bitcoins than to let hackers steal them.
Matt Hougan, chief investment officer at Bitwise, rejected both letting the coins be stolen and freezing them outright.
Instead, he pointed to a proposal by Castle Island Ventures partner Nic Carter that would place Satoshi’s bitcoin into a legal trust until ownership could be proven through historical electronic records.
