BIP-360 Sparks Quantum Hot Topic: Can Bitcoin Upgrades Ease Selling Pressure and Restore Confidence?

BTC0,38%

February 14 News, the Bitcoin community has recently engaged in intense discussions regarding post-quantum security upgrades. With the exposure of the BIP-360 proposal, core developers plan to implement a soft fork to introduce stronger resistance against quantum attacks for Taproot-based addresses. This proposal is seen as an important step for Bitcoin to address future threats posed by quantum computing and has become a focal point of current market attention.

The core goal of BIP-360 is to reduce the risk of exposing public keys in Pay-to-Taproot (P2TR) transactions. The plan will remove the “key-to-spend” path and introduce a Pay-to-Merkle-Root (P2MR) structure, enabling verification without revealing the public key. Since Taproot’s launch in 2021, it has been widely adopted, and related risks were initially overlooked, but they are now recognized as potential systemic vulnerabilities.

Previously, analyst Willy Woo warned that Taproot addresses are most vulnerable to attacks in a quantum environment. Data shows that early 2024, P2TR addresses accounted for nearly 54%, but by early 2026, this had fallen to about 22%, indicating that some holders are actively shifting to more secure address types. However, developers also acknowledge that BIP-360 mainly addresses long-term exposure issues, and additional solutions will be needed to counter short-term attacks that may occur in the transaction pool.

Quantum risk is not only a technical issue but also affects market sentiment. Joel Katz, former CTO of Ripple, stated bluntly that Bitcoin will eventually need a quantum-safe fork, or it will face structural crises. Asset management firms also pointed out that these concerns could suppress institutional investment willingness.

Meanwhile, Matt Hougan, CEO of Bitwise, said that although market uncertainty remains, positive signals are accumulating. As the post-quantum pathway becomes clearer, confidence restoration could provide new support for Bitcoin’s price. For investors, BIP-360 is not just a code upgrade but a crucial step toward Bitcoin’s long-term security and sustainable development.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Crypto Market Rally Has Begun With Bitcoin and Altcoin Prices Rising, ETH Pump Could Be Strong

Crypto market rally has begun with Bitcoin and altcoin prices rising. Some expect the price of ETH to see a very strong pump.  Analysts debate the many possibilities of a bullish rally peak. The crypto market seems to have already entered a promising bullish recovery phase. At the

CryptoNewsLand23m ago

Crypto Price Prediction Today March 17: Bitcoin, XRP, Cardano

The middle of March has arrived, and the cryptocurrency market is showing some interesting moves after a weekend of steady trading. Bitcoin took a run at the $76,000 level, a price point that got many people’s attention, but it has since settled back into a familiar range around the mid $70,000

CaptainAltcoin39m ago

Willy Woo: Bitcoin Fundamentals Are Strong But Bottom Not Yet Formed, Warning Current Rally Could Be Bull Trap

Bitcoin analyst Willy Woo points out that Bitcoin's trend is strong, with prices poised to break through the mid-80,000 dollar level. The current rally is mainly driven by the futures market, and short-term capital inflows could trigger volatility. Woo warns that the bottom structure has not yet formed, liquidity indicates that the bear market is still continuing, and the rebound could be a "bull trap."

GateNews55m ago

A certain whale opened a $4.1 million BTC long position with 40x leverage, with a liquidation price of $73,463.

Gate News reports that on March 17, an address starting with 0xa95 opened a BTC long position with 40x leverage within the past hour, increasing the position to a total of $4.1 million, with an average entry price of $74,398, and a liquidation price of $73,463. Currently, this position has an unrealized loss of approximately $13,000, representing a 13% loss. Additionally, within the past 10 minutes, the address placed a market stop-loss order close to the liquidation price, with the stop-loss set at $73,468.

GateNews1h ago

Bhutan Government Transfers 21.52 BTC Worth $1.6M to QCP Capital and New Wallet

Gate News bot message, The Royal Government of Bhutan transferred a total of 21.52 BTC in recent transactions. According to on-chain data, 20.5 BTC valued at $1.52 million was sent to QCP Capital. Additionally, 1.02 BTC worth $75,900 was transferred to a newly created wallet address, with expectatio

GateNews1h ago
Comment
0/400
No comments