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Steal Bitcoin, lose your own BTC? Developer Floats Three Defenses Against Quantum Attacks - Corey Sdot proposed three concepts to deter quantum computing theft of Bitcoin, including financial incentives, time locks, and sale mechanisms. The concept of "quantum for looters" would require attackers to provide collateral in quantum-safe BTC when stealing vulnerable coins, while "hijacking" and "Sats Auction" would require bidding mechanisms to protect against theft. Despite concerns about quantum threats, some analysts argue that the potential impact on bitcoin's market stability may be overstated.

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CryptoPotato · Crypto · · Source

Steal Bitcoin, lose your own BTC? Developer Floats Three Defenses Against Quantum Attacks - Corey Sdot proposed three concepts to deter quantum computing theft of Bitcoin, including financial incentives, time locks, and sale mechanisms. The concept of "quantum for looters" would require attackers to provide collateral in quantum-safe BTC when stealing vulnerable coins, while "hijacking" and "Sats Auction" would require bidding mechanisms to protect against theft. Despite concerns about quantum threats, some analysts argue that the potential impact on bitcoin's market stability may be overstated.

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