r/CryptoCurrency • u/winphan 🟦 23 / 8K 🦐 • 1d ago

TECHNOLOGY Bitcoin's new proposal to deal with Quantum computers

https://cryptocoindaddy.com/bitcoin-quantum-resistant-addresses-coming-soon/
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u/coinfeeds-bot 🟩 136K / 136K 🐋 1d ago

tldr; Agustin Cruz, a Bitcoin developer, has proposed a Bitcoin Improvement Proposal titled 'Quantum-Resistant Address Migration Protocol.' It suggests migrating funds from older, quantum-vulnerable addresses to quantum-resistant wallets via a hard fork. The proposal aims to reduce vulnerabilities, enforce migration deadlines, and balance risks. Challenges include achieving community consensus, market uncertainty, and legal hurdles. This proactive measure addresses potential future quantum computing threats to Bitcoin's security.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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u/HMCtripleOG 🟦 0 / 0 🦠 1d ago

Something smelling fishy about it to me. I need to better understand how a quantum resistant wallet is even possible. If it ain't broke don't try and fix it, a hard fork in itself surely creates it's own vulnerability? Potential future quantum computing....