Search results for Patoshi pattern
Crypto
Did Satoshi Nakamoto anticipate quantum computers? Storage of 1.1 million BTC revisited
An analysis says the roughly 1.1 million bitcoins believed to be held by Bitcoin creator Satoshi Nakamoto are spread across more than 22,000 small wallets as a deliberate defence against future quantum-computer attacks. Bitwise researcher Andre Dragosch backed crypto analyst Marco Batistoni’s view that the so-called Patoshi pattern reflects intentional design. The debate comes as developers argue over BIP-361, which would shift to quantum-resistant signatures and potentially freeze inactive early-era coins.
Crypto
Satoshi wallet dormant for more than a decade keeps bitcoin market on edge
Bitcoin creator Satoshi Nakamoto is estimated to hold about 1.09 million BTC, valued at more than $84.2 billion at current prices. Analysts say the stash equals about 5.47 percent of circulating supply. Onchain firm Arkham put the figure at 1,096,361 BTC. The wallets have shown no market-moving activity, with the last confirmed outflow 16 years ago. Investors also cite potential risks from quantum computing to early bitcoin address formats.
Crypto
Bitcoin hard fork \'eCash\' draws backlash over plan for estimated Satoshi coins
Bitcoin hard fork project eCash is facing pushback ahead of its planned launch after outlining a structure that would redistribute some coins estimated to have been mined early by Satoshi Nakamoto. LayerTwo Labs CEO Paul Sztorc said the project would create a new chain that mirrors Bitcoin’s transaction history and issue matching tokens to existing holders. He also proposed allocating 600,000 eCash to Satoshi’s side and using 500,000 eCash for a new ecosystem.
