Paradigm researcher proposes a timestamp escape mechanism to protect early Bitcoin from quantum computing threats
Odaily reported that Paradigm researcher Dan Robinson proposed a new scheme called PACT (Proof of Address Control with Timestamp), aimed at protecting long-dormant Bitcoin, including early Satoshi addresses, from future quantum computing attacks.
This mechanism allows users to prove their control over an address with a timestamp without transferring assets or exposing on-chain activity. If quantum attacks occur in the future, assets can be recovered using this proof in a quantum-resistant version of the Bitcoin network.
Compared to mandatory migration schemes such as BIP-361, PACT avoids privacy exposure risks associated with actively transferring assets, offering long-term holders a more flexible preventive approach.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Novo Nordisk (NVO.US) considers entering the hair loss market, seeking new growth points with its "post-Wegovy" strategy
Novo Nordisk is targeting the hair loss market, seeking to diversify its drug portfolio.
The growth of the traditional network equipment industry may have peaked! Piper Sandler lowers Cisco (CSCO.US) target price to 125 USD.
Piper Sandler analyst James Fish maintains a "Neutral" rating on Cisco, while lowering the target price from $132 to $125.
