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In just 2 minutes, I'll explain to you exactly what @quipnetwork is and how it works.
Quip Network is introducing a way to protect Bitcoin from future quantum computing threats without changing Bitcoin itself.
Around 34% of $BTC currently sits in addresses that could become vulnerable once quantum computers reach a certain level.
Existing proposals to fix this at the protocol level could take years and may involve controversial steps like freezing inactive funds.
@quipnetwork offers a different approach by building on Arch Network, a layer built on top of Bitcoin.
This allows users to gain quantum-resistant protection today without needing a network upgrade or community approval.
The system works by attaching a post-quantum public key to a user’s Bitcoin, using a proven cryptographic method called WOTS+. This creates an added layer of security alongside existing Bitcoin signatures.
Users can choose to move their funds into this protected setup or simply register their wallet to claim protection without moving assets.
The solution is open-source, designed to be verifiable, and avoids reliance on centralized systems.
In essence, Quip is providing an immediate, practical layer of protection while the broader Bitcoin ecosystem continues working toward long-term solutions.
Quip is the future, and the future is now.