Bitcoin Dev Proposes Burning Old Coins to Counter Quantum Attack
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Bitcoin Dev Proposes Burning Old Coins to Counter Quantum Attack
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BIP proposes Quantum-Resistant Address Migration Protocol
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At the heart of Cruz’s proposal is a controversial idea: force users to move their funds from older, quantum-vulnerable Bitcoin addresses to new, quantum-resistant wallets. If users don’t comply by a set deadline, their funds could be effectively destroyed.
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Cruz’s QRAMP proposal outlines how the hard fork would work. Once activated, it would trigger a countdown. Users must “sweep” their bitcoins from vulnerable legacy addresses to new quantum-resistant wallets. If they fail to do so before the deadline, Bitcoin Core — the dominant full-node software — will automatically reject any attempt to spend those funds.
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