Iain Archer

N Irish 2 x Ivor Novello Award winning, Grammy Nominated Songwriter/Producer/Artist

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Public company Strive purchases 21 Bitcoin for $1.3 million! 🚀

[RobinFlow @RobinFlow_App]

Half of the creator fees continue to be used to burn $FLOW.

So far, 77M $FLOW has been burned.

And it continues! 🔥

[Bitcoin News @BitcoinNewsCom]

BITCOIN’S QUANTUM RECOVERY PLAN HAS ONE MAJOR EXCEPTION: SATOSHI’S 1.1 MILLION BTC

Bitcoin’s proposed defense against quantum computers just took a major step forward, but it still cannot save Satoshi Nakamoto’s coins.

Quantum security startup Project Eleven has unveiled a zero-knowledge proof system designed to complement BIP-361, the controversial proposal that would freeze Bitcoin addresses vulnerable to future quantum attacks. The system would allow legitimate owners to recover their bitcoin without revealing their private keys.

The proposal addresses one of the biggest criticisms of BIP-361.

Under the draft, quantum-vulnerable addresses would stop accepting deposits after three years, with remaining coins frozen after five. More than 34% of Bitcoin’s supply falls into this category, including the estimated 1.1 million BTC attributed to Satoshi.

Project Eleven’s approach exploits a key difference in Bitcoin’s cryptography. While quantum computers could eventually break elliptic curve signatures, they cannot efficiently reverse the one-way hash functions used by modern HD wallets.

Instead of signing a transaction, users prove they know the secret key material higher up in their wallet’s derivation tree, allowing them to migrate funds to a quantum-safe address without exposing their seed.

However, the recovery method only works for BIP-32 hierarchical deterministic wallets introduced in 2012.

Satoshi’s coins were created years earlier using software that generated every private key independently, with no seed phrase or derivation tree.

That means there is nothing for the proof system to verify.

The same limitation applies to many of Bitcoin’s oldest dormant wallets.

The prototype is also unaudited, supports only a subset of Bitcoin address types, and would require future consensus changes before it could be used on Bitcoin.

Still, the development changes the debate around BIP-361. Rather than permanently burning quantum-vulnerable coins, the proposal could eventually allow legitimate owners to recover them.

Everyone, that is, except Satoshi.

[Cointelegraph @Cointelegraph]

See the full analysis. 👇

https://t.co/EKhiaYXQZP

[Bitcoin @Bitcoin]

#Bitcoin

[Senator Cynthia Lummis @SenLummis]

There is a pathway to build America’s strategic bitcoin reserve right now.

[Michael Saylor @saylor]

Full Speed Ahead 🚀

[Bitcoin News @BitcoinNewsCom]

JUST IN: Strategy acquires 705 BTC for $75.1 million at $106,495 per bitcoin

The now HODL 580,955 BTC acquired for $40.68 billion at $70,023 per bitcoin

[Bitcoin.com News @BitcoinNews]

China and El Salvador are deepening ties – and bitcoin’s at the center of it 🔥

VP Ulloa met with China’s 🇨🇳 Ambassador, highlighting $500M+ in bitcoin reserves 💰. Beijing’s supporting major projects to boost digital connectivity.

China’s involvement could reshape El Salvador’s economy, as Bukele’s government doubles down on BTC with 6,000+ bitcoin stacked 📈. IMF pressure? Ignored. More bitcoin buys could be coming.

Is China quietly backing El Salvador’s rise as a bitcoin-driven tech hub in Latin America?

[Bitcoin News @BitcoinNewsCom]

Andrew Ross Sorkin views Bitcoin simply as a “gauge of animal spirits”

[Bitcoin News @BitcoinNewsCom]

JUST IN: A 🇺🇸 US Strategic Bitcoin Reserve could reduce national debt by 35% by 2049, according to VanEck 👀

[Bitcoin News @BitcoinNewsCom]

Some people still dismiss Bitcoin as a Ponzi scheme, yet it’s been the top-performing asset in 11 of the last 14 years.

[Bitcoin @Bitcoin]

#Bitcoin

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 Publicly traded Hut 8 buys 990 #Bitcoin for $100 MILLION.

[Bitcoin @Bitcoin]

#Bitcoin

[Michael Saylor @saylor]

"We are going to do something great with Crypto." - @realDonaldTrump on the Strategic #Bitcoin Reserve

[Cointelegraph @Cointelegraph]

🚨 BREAKING: Hacker exploits $DOGE flaw, crashing 69% of nodes and exposing a vulnerability that could have taken down the entire network.

[Iain Archer @ArcherIain4]

@saylor @ladoger #Bitcoin ❤️ #BTC ❤️ $BTC ❤️

[Michael Saylor @saylor]

#Bitcoin is Better Money