BIP-361: Bitcoin Devs Propose Freezing Satoshi-Era Wallets



A new proposal called BIP-361 has been submitted by Jameson Lopp and 5 researchers to protect Bitcoin from quantum computing attacks.
The plan freezes old, vulnerable addresses holding ~1.7M BTC, including Satoshi's ~1.1M BTC stash.

How it works:
🔹 Phase A (3 yrs): Block deposits to old addresses
🔹 Phase B (5 yrs): Freeze all legacy ECDSA/Schnorr coins
🔹 Phase C: Recover via zero-knowledge proof

Why? Google's latest report warns quantum computers could crack Bitcoin's encryption as early as 2029.

The community is Split: Defense Against quantum Theft, or Betrayal of "Your Keys, Your Coins"?
BTC0,44%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin