Bitcoin developers are trying to build quantum defenses. Your coins could pay the price.
CoinDesk·2d ago·Fear
What Happened
Bitcoin developers, including Jameson Lopp, proposed BIP-361 to defend against future quantum computers that could compromise the blockchain. The proposal would freeze coins in quantum-vulnerable addresses unless holders migrate to new addresses. Phase A blocks new transfers to old addresses after three years; Phase B freezes old signatures after five years; Phase C proposes recovery via zero-knowledge proofs. Approximately 6.7 million BTC are currently vulnerable.
Key Entities
BitcoinJameson LoppBIP-361quantum computersGoogleECDSApay-to-Merkle-root6.7 million BTC