Bitcoin’s quantum problem gets a recovery tool, but not for Satoshi’s 1.1 million coins

Project Eleven says it has funded a proof that lets a wallet's own key-derivation path stand in as ownership after quantum computers can forge its signatures. It runs in 243 milliseconds on a laptop.

Source: CoinDesk

DW NOTE

Project Eleven has built a zero-knowledge proof that runs in 243 milliseconds and exploits the gap between quantum-broken signatures and quantum-resistant hashes — so holders with actual seed phrases could reclaim coins after BIP-361's freeze. Satoshi's 1.1 million BTC stay frozen because whoever holds those keys has never moved them, never revealed a derivation path, and would need to surface now to prove ownership before quantum computers do it first.

Read the full story at CoinDesk →