Proposal Aims to Protect Bitcoin from Quantum Computing Threats

Bitcoin's developer community is considering a proposal to safeguard the network against potential quantum computer attacks. The proposed Bitcoin Improvement Proposal (BIP)-361, also known as "Post Quantum Migration and Legacy Signature Sunset," would require users to migrate their coins to quantum-resistant addresses to prevent them from being frozen. This comes after a recent Google report warned that a powerful quantum computer could compromise the Bitcoin blockchain more easily than initially thought. Meanwhile, research has highlighted the potential security risks of AI-powered crypto payments, and CoW Swap has temporarily halted its services due to a domain name system (DNS) hijacking incident. Additionally, the XRP Ledger has integrated zero-knowledge proofs to enable private transactions on the public blockchain, addressing a significant barrier to institutional adoption.