Quantum-resistant BIP-360 and SHRINCS proposed for bitcoin
- —BIP-360 introduces a P2MR output format that removes long-term public key exposure
- —SHRINCS is a SHA-256 hash signature with a 324-byte signature and static backup
- —BIP-360 has Draft status, while SHRINCS has not passed an independent audit
- —Implementation requires new opcodes and a review of consensus rules
Why it matters: The quantum threat is not yet urgent, but the transition would affect addresses, wallets and consensus — a topic that could influence bitcoin's long-term valuation.
Source: TokenPost