Concerns have been raised about whether the creator of Bitcoin really exists. Satoshi Nakamoto’s 1 million BTC fortune You can get hacked. Crypto analyst Camol argues: advanced quantum computing You can eventually break Nakatomo’s wallet and completely deplete it. The analyst’s claims sparked heated debate throughout the cryptocurrency community, with many critics dismissing the claims as baseless and misleading.
Can quantum computing break Nakamoto’s Bitcoin?
From X post released On Monday, December 1, Camol predicted that Nakamoto’s BTC wallet will be depleted within the next 10 years as quantum computing power advances exponentially. He calls this rapid annual doubling acceleration Neven’s law and says that the creator of Bitcoin Over $131 billion Your BTC stash could end up being exposed to unprecedented risks and hacks.
Camol’s argument focuses on Bitcoin’s secp256k1 elliptic curve and ECDSA signatures used to secure wallets. He claims that this can eventually be reversed using: Shore’s AlgorithmIt is a quantum algorithm that could theoretically break elliptic curve cryptography if sufficiently powerful quantum hardware exists. Analysts warn that if such technology becomes viable, the security of even the best-protected Bitcoin holdings – in this case Nakamoto’s – could be compromised.
Camol also stated in his post that Satoshi’s 1 million BTC fortune could face additional vulnerabilities because the wallet address is protected by a 160-bit hash that has never been exposed through spending activity. He claims that a strong quantum attack could crack the hash and reveal the public key, eventually revealing the password. private key After several attempts, the analyst also pointed out that: Sophisticated Bad ActorsState-sponsored organizations, wealthy cybercriminals, and others had access to Nakamoto’s BTC wallet.
Experts, AI reject claims of BTC quantum hacking
X’s cryptocurrency analyst @level941 receive a rebuke Camol’s argument highlights that Satoshi’s BTC holdings are fundamentally more secure than most coins in circulation. He speculated that because Satoshi’s BTC was initially stored. P2PKH address, The public key remains hidden and the wallet remains locked unless the Bitcoin creator manually removes the coins.
@level941 called Camol’s statement “false” and “incorrect”, pointing out that Quantum computers can only be broken. RSA or ECC system When the public key is known. This means that Satoshi’s BTC is protected by a 160-bit RIPED160 hash, making it impossible for quantum machines to brute force it in any predictable timeline.
The analyst also claimed that if the Bitcoin network were to switch to the previous one: Quantum Secure Signature SchemeSatoshi’s unmoved coins will not be hacked or drained, but will be permanently locked. Independent analysis of advanced AI systems further rejects Camol’s quantum hacking narrative as scientifically unsupported.
According to the report, current quantum computers have fewer than 1,000 noisy qubits, far short of the millions of error-correcting qubits needed to break them. Bitcoin Cryptography. AI Systems also emphasizes that there is no evidence that a Bitcoin-breaking quantum machine will appear within 10 years. It also turns out that Neven’s law, as mentioned by Camol, is no longer considered a reliable predictor of the long-term growth of quantum computing. In conclusion, the odds of Nakamoto’s BTC fortune being hacked are extremely low, at least for the next few decades.
Featured image created with Dall.E, chart from Tradingview.com
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