Ryan Sean Adams

Maybe that was the right choice for then.

What potentially happens now is that with even bigger transactions, Bitcoin TPS is going to go from three transactions per second to, if it makes the transition to post-quantum, 0.3 transactions per second.

That's micro blocks, man.

Do we need to even hash out the big block, small block war again?

No.

Maybe not because, yeah, I could say it just like you just actually just don't need to transact on Bitcoin.

You just need to hold the Bitcoins.

And maybe this also solves the Bitcoin fee budget with 0.3 transactions per second.

I think there's an argument for the small blocker side of things.

These are assumed tokens that will never move because the owner is gone or dead or the private keys are lost.

And so the only way that they will move is that these wallets are going to get exploited eventually by the incoming quantum computer.

And then whoever has that quantum computer gains access to 2.3 million tokens.

out of the 21 million satoshi coins and that is the guaranteed number that is available to the quantum computer and then there's the 6.9 million again of the 21 million total bitcoins that is bitcoin that is vulnerable that needs to be migrated and we do not know to what degree that those coins are also lost at least some and so what do you do with the dormant coins actually google delved into this as well in their paper and they're like there's four options

I see.

So that is kind of, that is the burn, but with a escape hatch for people who actually do have the private key.

That's right.

Yeah.

See, I like that one.

I would do that one.

I do kind of like that one.