menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

New Bitcoi...
source image

Crypto-News-Flash

1w

read

76

img
dot

Image Credit: Crypto-News-Flash

New Bitcoin Hard Fork Proposal Aims to Future-Proof BTC From Quantum Tech

  • Bitcoin developers propose a hard fork, called Quantum-Resistant Address Migration Protocol (QRAMP), to protect the cryptocurrency from quantum computing threats.
  • The hard fork requires users to transfer their funds to quantum-resistant wallets before a specific date, with unclaimed coins becoming unusable if not moved.
  • The proposal sparks controversy over potentially losing coins, including those held in inactive wallets, such as Satoshi Nakamoto's.
  • The migration to quantum-resistant wallets is seen as a preemptive action to safeguard Bitcoin from potential future quantum attacks and enhance cryptographic security.

Read Full Article

like

4 Likes

For uninterrupted reading, download the app