Bitcoin Developer Coalition Proposes BIP-361 to Mitigate Quantum Vulnerability

Bitcoin Developer Coalition Proposes BIP-361 to Mitigate Quantum Vulnerability

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A coalition of Bitcoin developers is reportedly advancing a new Bitcoin Improvement Proposal (BIP-361) that aims to address the looming threat of quantum computing to existing Bitcoin wallets. The core of the proposal involves freezing wallets identified as quantum-vulnerable. However, the article highlights a significant concern, suggesting this plan could come at the cost of one of Bitcoin's most fundamental principles: its immutability and the sanctity of user control over funds, potentially disrupting its 'sacred rule'.

Bitcoin Developer Coalition Floats BIP-361 to Freeze Quantum-Vulnerable Wallets

Bitcoin’s current quantum defense plan seeks to solve a future threat at the detriment of its most sacred rule.