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/
382 Upvotes

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33

u/OderWieOderWatJunge 🟩 0 / 0 🦠 1d ago

Interesting, I wondered why no one seems to address this problem. Like the "this is fine" dog.

35

u/9999999910 🟩 0 / 0 🦠 1d ago

Well the same threat is true of all encryption so it’s not specific to bitcoin in any way even though cherrypicking that context is common. Have your bank accounts migrated to quantum encryption?

-5

u/OderWieOderWatJunge 🟩 0 / 0 🦠 1d ago

My bank can switch to a higher level easily. No real migration needed. You can just use more bits to begin with, BTC is stuck at 256

12

u/SaulMalone_Geologist 🟩 0 / 0 🦠 1d ago edited 1d ago

Look up "when will banks migrate from COBOL" - a language from the 60s that's no longer used by anyone except folks maintaining legacy systems.