Proposal Sparks Debate: Bitcoin's Quantum Conundrum
Bitcoin's core promise of security is being put to the test as developers propose a solution to counter the threat of quantum computers. The Bitcoin Improvement Proposal (BIP)-361 aims to migrate coins to quantum-resistant addresses, potentially freezing those that don't comply. This move is in response to a recent Google report that suggests a powerful quantum machine could compromise the Bitcoin blockchain sooner than expected. Meanwhile, the crypto industry is moving towards AI-powered payments, but research highlights the vulnerability of 'LLM routers' to malicious attacks. In other news, CoW Swap, a decentralized trading interface, suffered a DNS hijacking incident, and the XRP Ledger has integrated zero-knowledge proofs to enable private transactions on the public blockchain.