Bitcoin Developers Propose Freezing Quantum-Vulnerable Coins
Bitcoin developers have proposed a three-phase plan to freeze coins in quantum-vulnerable addresses, aiming to protect against potential quantum computing threats. The BIP-361 proposal, led by Jameson Lopp, targets approximately 34% of all BTC, including Satoshi’s estimated 1.1M BTC. The plan involves banning new transactions to legacy addresses, freezing unmigrated coins, and offering ZK-proof recovery.
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Topics: BIP-361 Bitcoin Bitcoin Security Cryptography Quantum Computing