Bitcoin developer proposes freezing dormant coins

A prominent Bitcoin developer, Jameson Lopp, has suggested a controversial plan to freeze approximately 5.6 million dormant Bitcoin tokens, valued at around $420 billion. This proposal aims to mitigate the systemic risk posed by potential future quantum computing attacks that could compromise vulnerable wallets. Lopp argues that proactively freezing these long-untouched coins is a necessary contingency to protect the network's integrity and encourage users to upgrade their wallet security before such a threat materializes. However, the idea faces significant opposition, with critics concerned it undermines Bitcoin's core principles of immutable ownership and sets a dangerous precedent for network intervention.