US EditionBitcoin BIP-361 Targets Quantum Security Threat
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15 Articles
Bitcoin Developers Propose Bitcoin Quantum Migration Plan That Would Freeze Legacy Coins
A new proposal circulating among Bitcoin developers is forcing the network to confront a long-standing theoretical risk: the impact of quantum computing on its cryptographic foundations. Bitcoin Improvement Proposal 361 (BIP-361), introduced by a group of researchers including Jameson Lopp, outlines a structured plan to migrate the network away from legacy signature schemes and toward quantum-resistant alternatives. If adopted, the proposal woul…
Bitcoinist
Bitcoin InsiderBitcoin Faces Quantum Risk — New Proposal Could Lock Vulnerable Coins
Buried inside a new Bitcoin security proposal is a provision that could save stragglers from losing everything. Anyone who misses the upgrade deadline but still holds their seed phrase would have a path to recovery through zero-knowledge proof technology — a last-resort mechanism built into the final phase of BIP-361, a draft posted to GitHub on Tuesday by cypherpunk Jameson Lopp and five co-authors. The full proposal is a three-phase plan desig…
Bitcoin Developers Propose Freezing Coins That Skip Quantum-Safe Migration Under BIP-361
A draft proposal circulating among Bitcoin developers would give holders roughly five years to move their coins to quantum-resistant addresses or watch them become permanently unspendable on the network. Key Takeaways: BIP-361, co-authored by Casa CTO Jameson Lopp, proposes freezing Bitcoin in legacy addresses within 5 years of activation. Over 34% of all Bitcoin has […]
Jameson Lopp and five other developers propose a three-phase soft fork to protect Bitcoin's UTXO set. Read more
A new draft for Bitcoin, identified as BIP-361, proposes a high-impact roadmap to address the threat of quantum computing. The plan proposes to gradually ban the use of inherited signatures ECDSA and Schnorr, pushing the ecosystem towards post-quantic schemes through a phase-by-phase soft fork. *** BIP-361 proposes a phase-by-phase migration to remove inherited signatures ECDSA and Schnorr in Bitcoin. The initiative seeks to reduce the risk of q…
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