This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
A new Bitcoin Improvement Proposal (BIP) seeks to phase out legacy signature schemes vulnerable to quantum attacks. The proposal aims to transition Bitcoin to quantum-resistant cryptography to safeguard against future threats.
- The BIP proposes replacing Bitcoin’s legacy signature schemes with quantum-resistant cryptography to mitigate future risks.
- Experts estimate quantum computers threatening Bitcoin’s security could emerge between 2027 and 2030.
- The proposal was co-authored by prominent figures in cryptography and blockchain, including Jameson Lopp and Christian Papathanasiou.
📎 Related coverage from: cointelegraph.com
Related Tags: Bitcoin