CZ responds to security concerns regarding the Binance address containing 200,000 BTC starting with "3": It's a multi-signature attack, extremely difficult to crack.

On May 3rd, CoinFeed reported that a crypto KOL questioned the security of a Binance address starting with the number "3" on the X platform. This address is the top-ranked Bitcoin richest person, holding over 200,000 BTC. The KOL expressed concern that the concentration of large amounts of assets in a single address poses a risk of private key collision attacks. In response, Binance founder CZ (Changpeng Zhao) directly stated: "Addresses starting with 3 should be multi-signature addresses, right? To find more than three private keys? Trust the math." Analysis indicates that Bitcoin addresses starting with 3 are P2SH multi-signature addresses, requiring multiple private keys to authorize transfers, commonly using combinations like "2-of-3" and "3-of-5". Even if a private key collision is theoretically possible, the actual probability of a successful attack is close to zero, making their security level far higher than single-signature addresses.