Satoshi’s 1.1M bitcoin and millions more can be saved from quantum attack, says expert

Satoshi’s 1.1M bitcoin and millions more can be saved from quantum attack, says expert
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AmericanFortress CEO (AmericanFortress)
AmericanFortress claims it has a fix to save Satoshi’s bitcoin stash as well as millions of tokens more that have been dormant for decades. AmericanFortress CEO (AmericanFortress)

What to know:

  • AmericanFortress has unveiled a patent-pending post-quantum signature scheme that aims to protect existing crypto assets, including dormant wallets, from future quantum attacks without mass fund migrations.
  • The proposed protocol would utilize a backward-compatible soft fork and zero-knowledge proofs to freeze and secure vulnerable pre-BIP32 bitcoin addresses, such as Satoshi-era wallets, while allowing governance to later decide whether to move, burn or redistribute the funds.
  • Backed by an $8 million seed round, AmericanFortress says its approach offers quantum protection for major chains like Bitcoin, Ethereum, Solana and Tron with negligible performance impact and simple node and wallet software updates.
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