Interesting BIP for Bitcoin.
Essentially, it is a draft for the Bitcoin Software to implement. through a fork, to prohibit old non-quantum resistant wallets to move UTXOs past a certain block. It is not a BIP yet and the time given to the holders of those arcaic to be wallets to move the UTXOs is also not determined yet.
I am no expert, but I imagine that we can anticipate a true danger from a quantum computer to move these UTXOs a decade or so in advance.
The first sign would be the wallets that were already active and still have UTXOs to spend, as these ones would be the easiest to crack by reverse engineering the signature used. We are talking Satoshi time wallets.
Food for thought.
https://protos.com/bip-proposes-destroying-bitcoins-to-save-the-ecosystem-from-quantum-attack/
ruipanther / RuiPanther
npub1dm…3gzwm
2025-04-04 18:21:36
Author Public Key
npub1dmsz5y077dfytl4qzfwp5qxrjzd09e592qydtv32f9ju0fer3u6sl3gzwmPublished at
2025-04-04 18:21:36Event JSON
{
"id": "fba841200d9d6e669364005728552bedd534ebb381941132b105a493c0c4c95f",
"pubkey": "6ee02a11fef35245fea0125c1a00c3909af2e6855008d5b22a4965c7a7238f35",
"created_at": 1743790896,
"kind": 1,
"tags": [
[
"r",
"wss://kr.purplerelay.com/"
],
[
"r",
"wss://purplepag.es/"
],
[
"r",
"wss://relay.nostr.band/"
],
[
"r",
"wss://relay.primal.net/"
],
[
"r",
"wss://relay.sepiropht.me/"
]
],
"content": "Interesting BIP for Bitcoin.\nEssentially, it is a draft for the Bitcoin Software to implement. through a fork, to prohibit old non-quantum resistant wallets to move UTXOs past a certain block. It is not a BIP yet and the time given to the holders of those arcaic to be wallets to move the UTXOs is also not determined yet.\n\nI am no expert, but I imagine that we can anticipate a true danger from a quantum computer to move these UTXOs a decade or so in advance.\n\nThe first sign would be the wallets that were already active and still have UTXOs to spend, as these ones would be the easiest to crack by reverse engineering the signature used. We are talking Satoshi time wallets.\n\nFood for thought.\n\nhttps://protos.com/bip-proposes-destroying-bitcoins-to-save-the-ecosystem-from-quantum-attack/",
"sig": "46ca576393ad1ca3e80b8670f3ca981348267cc077797907d3dadd5a9fa4f7d70485d6eee9306be2510d6fd16a892eb567bac84b4b09486c020d5c296236bcdb"
}