Best of all, bitcoin is the public canary for a "quantum" computing physics breakthrough.
However, to disagree- and as a thought experiment per your suggestion, if in 10 years a)a usable quantum thingy comes into being and b)Bitcoin spot is a modest 900k in real terms- the richest UTXOs on the network by today's concentration (and for which many edges exist) will be worth upwards of $150-200b each : hardly non-first tier targets.
Obviously these bounties will be considerably more valuable should corn appreciate with greater steepliness.
...to Disagree? They're already doing it.
BIP360 is a proposal to introduce post-quantum cryptography into Bitcoin—was authored by Hunter Beast to address Bitcoin's most pressing quantum-vulnerability: quantum vulnerable addresses.
BIP360 introduces "pay-to-quantum-resistant-hash" address types—introduces 3 new signature algorithms with quantum resistant properties to protect Bitcoin at varying levels.
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and>>> BabelTower...
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...Agustin Cruz
Mar 8, 2025, 9:57:49 PM
to Michal Kolesár, Bitcoin Development Mailing List
Hi Michal,
I completely understand your point of view. However, the concern with QRAMP isn’t about arbitrarily punishing users or confiscating assets without reason. Rather, it’s about mitigating a very real, systemic risk. If a significant amount of funds remains in legacy addresses and a quantum breakthrough occurs, the attack wouldn’t be a one-off incident targeting a few unlucky individuals. Instead, it could compromise the security of the entire network, affecting countless users and shaking confidence in Bitcoin as a whole.
The enforcement aspect of QRAMP is intended as a last-resort safety mechanism after a long and well-communicated migration period. It’s designed to ensure that by the time any quantum-capable adversary comes along, almost everyone’s funds are protected by quantum-resistant cryptography. The goal is to preempt a scenario where the vulnerability becomes so widespread that a malicious actor could trigger a massive, destabilizing reallocation of wealth.
The enforced migration is less about penalizing users and more about preserving the long-term security and stability of the network for everyone.
Best regards,
Agustin
I like to believe that before 2030, they will find a good proposal,
and they will all agree,,,,
so I hope...
it is not the issue people think it is. but better safe than sorry.
I like to see how they solve 2056 block size they would need btc to price at 25 million a coin good luck with that one .
1.5625 ........................ 2028 need a price around 200k for mining to work
0.78125....................... 2032 need a price around 400k for mining to work
0.380625..................... 2036 need a price around 800k for mining to work
0.1953125 .................. 2040 need a price around 1.6mill for mining to work
0.09765625................. 2044 need a price around 3.2mill for mining to work
0.04882812 ................ 2048 need a price around 6.4mill for mining to work
0.02441406 ................ 2052 need a price around 12.8mill for mining to work
and
0.01220703 ................ 2056. need a price around 25.6mill for mining to work
to me even if we make it to 2056 and price is crazy high it will shortly be 50 than 100 than 200 mill a coin.
so from now till 2036 or 2040 I think that problem must be be solved .
quantum security will get solved with 3x to 5x signature.
or you need to crack 3 addresses to get the coins
crack this bc1qhu9h64qlmj67v89gef60ddne08dw2hp4n8f9n6
crack this bc1q55nkz0y8u3zaghqdzjp9rpuc4st843uthwqu9q
then a third address with 2x or 3x signature to open the coins
Poll
