Ava Labs Founder: Satoshi Nakamoto's 1 million Bitcoins may face quantum threat issues

Emin Gün Sirer, the founder of Ava Labs, tweeted that Satoshi Nakamoto's 1 million Bitcoins may be subject to quantum threats. Early Bitcoin used a very old Pay-To-Public-Key format, which exposes the public key and gives attackers time to study it. This is the source of all cryptographic bounties. Modern Bitcoin wallets or modern systems like Avalanche do not use P2PK, but it did exist in the early stages of Bitcoin. Therefore, as quantum threats intensify, the Bitcoin community may need to consider freezing Satoshi Nakamoto's 1 million Bitcoins or more generally speaking, setting a final date and freezing all Bitcoins on P2PK UTXOs.