6 stories tagged #BIP-361

  1. Paradigm Proposes PACTs to Let Satomi Prove Bitcoin Ownership Without Moving Coins
    crypto

    Paradigm Proposes PACTs to Let Satomi Prove Bitcoin Ownership Without Moving Coins

    A new proposal by Paradigm introduces PACTs, a way for Bitcoin holders to timestamp proof of ownership privately, offering a rescue path for vulnerable addresses before quantum computers arrive.

    last mo. 1 min read
  2. Bitcoin Dormant Address Freeze Sparks Quantum, Supply Debate
    crypto

    Bitcoin Dormant Address Freeze Sparks Quantum, Supply Debate

    A proposal to freeze 5.6 million dormant Bitcoin addresses ignites debate on quantum risks and supply disruption, with markets showing little reaction.

    last mo. 1 min read
  3. Adam Back Proposes Optional Quantum-Proof Bitcoin Upgrades
    crypto

    Adam Back Proposes Optional Quantum-Proof Bitcoin Upgrades

    Blockstream CEO Adam Back advocates for voluntary quantum-resistant Bitcoin upgrades, diverging from proposals for mandatory coin freezes amid growing quantum computing threats.

    last mo. 1 min read
  4. Quantum Threat Looms: Cardano Founder Skeptical of Bitcoin's Defense Plan
    crypto

    Quantum Threat Looms: Cardano Founder Skeptical of Bitcoin's Defense Plan

    Cardano founder Charles Hoskinson argues a new Bitcoin proposal to counter quantum computing threats is insufficient, leaving billions in BTC vulnerable.

    last mo. 1 min read
  5. Bitcoin Faces Quantum Threat: Developers Propose Coin Migration, Risking Frozen Assets
    crypto

    Bitcoin Faces Quantum Threat: Developers Propose Coin Migration, Risking Frozen Assets

    Bitcoin developers are exploring a radical proposal (BIP-361) to protect against quantum computing threats, potentially requiring users to migrate coins or face them being frozen.

    last mo. 1 min read
  6. Bitcoin Proposal Aims to Counter Quantum Computing Threat by Freezing Legacy Coins
    crypto

    Bitcoin Proposal Aims to Counter Quantum Computing Threat by Freezing Legacy Coins

    A new Bitcoin proposal, BIP-361, seeks to protect against quantum attacks by phasing out old signature schemes and potentially freezing unmigrated coins over a five-year period.

    last mo. 1 min read