Stay updated on Q

A new proposal, not yet a BIP, was submitted 3 days ago.

Title: Post Quantum Migration and Legacy Signature Sunset

https://github.com/jlopp/bips/blob/quantum_migration/bip-post-quantum-migration.mediawiki

Have you read the Quantum Hunter, which was released 7 days ago? In this fiction story a guy steal the coins, but maybe he will not be able to if this proposal becomes a reality.

https://inscripedia.com/collection/686f4515bbcb899804aec908

Should coins be frozen/ burned, or left stealable, that is the question.

I personally believe that people need to migrate, and if they fail to do so, they have failed. They should not have forever to do it, as delaying can lead to speculation and cause significant disruptions in the market later on, similar to how a quantum hunter could create major market disturbances.

Quantum expanders

Last year, I was exploring the concepts of quantum expanders and their potential impact on Bitcoin.

In the Lightning Network, designed for fast, off-chain transactions, the emergence of quantum expanders could be transformative. While classical expanders enhance connectivity and performance, quantum expanders promise to further improve scalability, security, and fault tolerance.

Remember to check out Presidio’s Quantum Bitcoin Summit, it’s live here:

https://www.youtube.com/watch?v=GeUdu4hrBPI

Check your address here: https://quantumrekt.com

Current Estimate of Vulnerable BTC block 900,000:

~6.51 million

  • 4.49 million – Address reuse
  • 1.72 million – P2PK
  • 0.15 million – P2TR
  • 0.15 million – BCH Fork exposure