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This Bitcoin Developer’s Idea Would Make Quantum Attacks a Losing Bet
Headline from Decrypt
Key points
- Bitcoin developer Cory Fields has proposed a new strategy to defend against potential future quantum computing attacks.
- Under his proposed mechanism, potential attackers would be required to post Bitcoin as collateral before accessing vulnerable wallet funds.
- This design gives prepared wallet owners an opportunity to secure their assets while inflicting a costly penalty on the attacker.
Summarized automatically by Kryptokite from reporting by Decrypt. Read the original sources for full detail.
Coins mentioned
Sources
- DecryptThis Bitcoin Developer’s Idea Would Make Quantum Attacks a Losing Bet · 2 hours agoRead on Decrypt
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