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    1. coinfeeds-bot on

      tldr; Developers warn that quantum computers could compromise 25% of Bitcoin’s supply due to exposed public keys. A Bitcoin Improvement Proposal (BIP) by Jameson Lopp suggests a three-phase quantum-resistant upgrade. The plan includes blocking quantum-vulnerable addresses, freezing unsecured funds, and potentially recovering frozen assets. The initiative aims to protect approximately 4 million BTC, including Satoshi Nakamoto’s holdings, from future quantum attacks, which could cause significant economic disruption and market instability.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. MichaelAischmann on

      It is hilarious how people have been asking about quantum resistance for weeks & weeks but when an article comes out, nobody seems interested.

    3. Plan-of-8track on

      If this is implemented what are the implications for BTC in cold wallets

    4. BacchusCaucus on

      Doesn’t quantum computing threaten every single banking and financial system, not just Bitcoin?

    5. Bitcoin software is dated and accounts have already been hacked. It’s been proven.

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