Post
Topic
Board Nigeria (Naija)
Re: Bitcoin quantum-proof proposal
by
Felicity_Tide
on 16/07/2025, 17:11:43 UTC
I haven't really understood the entire concept of this proposal, but I will do a further research while less busy, and thanks for sharing this here.

The Bitcoin-Quantum computing attack has been a discussion for sometime now, and I never expected a sudden proposal at this early stage because we haven't really see the effect of quantum computing attacks, as a primary target to any form of technology. I know that some of these big companies are investing heavily on it, and their progress so far isn't fully disclosed to the public. But it is good that a proposal was introduced at this early stage, so that proper remodification and adjustment can be done before fully implementing, if still necessary.


But I doubt if such people will leave those Satoshi P2PK transactions holding multi billion dollars of coins today. But in short, it is good if bitcoin is moved away from ECDSA/Schnorr signatures.

It all depends on their approach of attack.
They might decide to go for dormant wallets aside that of Satoshi, just to test. Because a direct attempt on Satoshi's old wallets might escalate things, and who knows what will happen afterwards.