BitMEX pitches ‘canary fund’ alternative to Bitcoin quantum coin freeze

BitMEX pitches ‘canary fund’ alternative to Bitcoin quantum coin freeze

2.82%BTC$75,055 1.36%XLM$0.1601 2.72%TRX$0.3255 0.73%XMR$344.22 1.01%DOGE$0.09659 3.26%BCH$443.48 2.57%ADA$0.2501 4.16%BNB$625.40 1.87%ETH$2,358 1.58%SOL$85.44 2.73%HYPE$45.55 4.83%XRP$1.40 3.36%USD Written by Martin Young,Staff WriterReviewed by Felix Ng,Staff EditorBitMEX pitches ‘canary fund’ alternative to Bitcoin quantum coin freeze2 hours agoIt may be appropriate to attempt to mitigate the extent of the freeze as much as possible, even at the cost of greater complexity, said BitMEX. BitMEX Research has proposed an alternative to freezing quantum-vulnerable dormant Bitcoins, advocating a wait-and-see approach and a “canary fund” with a quantum bounty instead. BitMEX Research proposed a soft fork on Thursday that would only activate a full freeze of vulnerable coins if it is “proven that a quantum computer capable of stealing Bitcoins actually exists.” The system uses a “canary appro

Source: https://cointelegraph.com/news/bitmex-pitches-bitcoin-canary-fund-instead-of-quantum-coin-freeze?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound