New BIP Proposal: Protecting Bitcoin From Quantum Attacks

Developer Agustin Cruz presents a bold solution to safeguard Bitcoin from the looming threat of quantum computers. The proposal, titled “Quantum-Resistant Address Migration Protocol” (QRAMP), seeks to protect Bitcoin by requiring users to migrate their funds to quantum-resistant wallets. QRAMP provides a deadline for this migration, ensuring that if users fail to do so before then, their unspent transaction outputs (UTXOs) will be destroyed, effectively “burning” their coins.