Exclusive: Jameson Lopp Says Bitcoin Users Are Making A Mistake That Satoshi Nakamoto Warned Against: ‘We’re Fighting Against Human Nature…’
Jameson Lopp, co-founder and chief security officer at self-custody platform firm Casa, raised concern about Bitcoin (CRYPTO: BTC) users repeatedly using old public addresses, a practice he viewed as a serious vulnerability in the wake of the growing quantum threat.
Users Ignoring Satoshi’s Guidelines?
Speaking to Benzinga on the sidelines of the Trezor TBD event on Oct. 21 in Prague, Czech Republic, Lopp estimated that about 4 million BTC —nearly 25% of the total supply —have already had their public addresses exposed.
“The problem here is that people just have not been following one of the simplest fundamental best practices that even Satoshi [Nakamoto] told us — never reuse a Bitcoin address,” Lopp stated
For the curious, Satoshi said in one of their forum posts in 2009, “For greater privacy, it’s best to use Bitcoin addresses only once.
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