Bitcoiners propose freezing quantum-vulnerable coins in BIP-361

Bitcoiners propose freezing quantum-vulnerable coins in BIP-361

1.15%LINK$9.03 1.36%DOGE$0.09345 0.67%ADA$0.2399 0.99%BTC$74,023 0.35%XLM$0.1558 0.87%SOL$83.11 2.95%XRP$1.35 0.31%BCH$432.15 1.14%ETH$2,320 1.69%HYPE$43.34 3.42%TRX$0.3229 0.46%BNB$613.72 0.06%USD Written by Martin Young,Staff WriterReviewed by Felix Ng,Staff EditorBitcoiners propose freezing quantum-vulnerable coins in BIP-3611 hour agoThe authors described it as a “private incentive to upgrade” because lost or frozen coins will make everyone else’s coins worth slightly more. Cypherpunk Jameson Lopp and five co-authors from the Bitcoin quantum security space have proposed freezing quantum-vulnerable coins on the Bitcoin network, including Satoshi’s $74 billion stash, to prevent them from being stolen once quantum computers become available. The move is the second part of a three-stage proposal under BIP-361 called the “Post Quantum Migration and Legacy Signature Sunset,” which was post

Source: https://cointelegraph.com/news/bitcoin-devs-and-researchers-propose-freezing-quantum-vulnerable-coins-bip-361?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound