Bitcoin community prepares quantum-resistant defenses with BIP-360 and BlackRock-backed consortium
- —Bitcoin Security Consortium unites BlackRock, Fidelity Digital Assets and Block to fund open-source work
- —BIP-360 proposes a new transaction output type to cut long-term quantum exposure
- —Quantum-resistant signatures are being tested on sidechains to avoid risk to mainnet
- —Today's quantum computers lack the logical qubits needed to break ECDSA
Why it matters: The shift to post-quantum cryptography will shape Bitcoin's long-term security, though consensus requirements mean the transition will take years.
Source: Bit2Me News