$BTC: A Bitcoin developer proposes “mines” that make quantum-computing thieves lose their coins.
The idea is that any attempt to move exposed Bitcoin would require putting up an equivalent amount as collateral, potentially giving a prepared owner the chance to seize both.
If you hold coins in addresses that may be exposed, this discussion may give you a reason to review your wallet security before any technological breakthrough.
Takeaway worth saving: sometimes protection can come from making an attack costly for the attacker.
Do you think this approach is worth the added complexity?
#BTC #QuantumSecurity
Tap $BTC to trade
$BTC
Tap $BTC to trade
$BTC
Others got here before you and followed. Visit my profile and stick with someone who reads before the news spreads.
The idea is that any attempt to move exposed Bitcoin would require putting up an equivalent amount as collateral, potentially giving a prepared owner the chance to seize both.
If you hold coins in addresses that may be exposed, this discussion may give you a reason to review your wallet security before any technological breakthrough.
Takeaway worth saving: sometimes protection can come from making an attack costly for the attacker.
Do you think this approach is worth the added complexity?
#BTC #QuantumSecurity
Tap $BTC to trade
$BTC
Tap $BTC to trade
$BTC
Others got here before you and followed. Visit my profile and stick with someone who reads before the news spreads.
