The authors described it as a “private incentive to upgrade” because lost or frozen coins will make everyone else’s coins worth slightly more.
Update (April 15, 6:45 am UTC): This article has been updated to include comments from Jameson Lopp.
Cypherpunk Jameson Lopp and five co-authors from the Bitcoin quantum security space have proposed freezing quantum-vulnerable coins on the Bitcoin network, including Satoshi’s $74 billion stash, to prevent them from being stolen once quantum computers become available.
The move is the second part of a three-stage proposal under BIP-361 called the “Post Quantum Migration and Legacy Signature Sunset,” which was posted as a draft to GitHub on Tuesday.
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