NEW: 🟠 #Bitcoin Devs take steps to address the Quantum threat 👀
An updated version of BIP 360 has been merged into the official #Bitcoin BIPs repository. The proposal introduces Pay to Merkle Root, or P2MR, a new opt in output type that removes Taproot’s quantum vulnerable key path spend while maintaining compatibility with Tapscript and script trees. Key updates: • Removes Taproot’s quantum exposed key path in a separate new output type • • Lays groundwork for post quantum signature schemes using Tapscript and script tree optionality at spend time • Implemented as a soft fork, existing Taproot outputs remain unaffected • Adds Isabel Foxen Duke as co author to improve clarity and accessibility beyond the developer community #CryptoMarket $BTC
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NEW: 🟠 #Bitcoin Devs take steps to address the Quantum threat 👀
An updated version of BIP 360 has been merged into the official #Bitcoin BIPs repository. The proposal introduces Pay to Merkle Root, or P2MR, a new opt in output type that removes Taproot’s quantum vulnerable key path spend while maintaining compatibility with Tapscript and script trees. Key updates:
• Removes Taproot’s quantum exposed key path in a separate new output type
•
• Lays groundwork for post quantum signature schemes using Tapscript and script tree optionality at spend time
• Implemented as a soft fork, existing Taproot outputs remain unaffected
• Adds Isabel Foxen Duke as co author to improve clarity and accessibility beyond the developer community
#CryptoMarket
$BTC