Bitcoin developers draft BIP-360 and BIP-361 to counter quantum threats
- —BIP-360 (P2MR) removes Taproot features that expose public keys for extended periods
- —BIP-361 would restrict sending BTC to vulnerable addresses once post-quantum signatures exist
- —Migration would require software updates from exchanges, custodians and wallet holders
- —Dormant coins that cannot be moved remain a major unresolved problem
Why it matters: Agreement on a post-quantum roadmap could remove a key overhang and act as a catalyst for BTC price.
Source: Blockmedia
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