EPISODE · Apr 8, 2025 · 1H 23M
Make Bitcoin Quantum Resistant | With Hunter Beast
from Bitcoin Rails | Isabel Foxen Duke
Is Bitcoin going to break? Don’t roll your eyes: quantum computing may be a more realistic threat to Bitcoin than you think, and it may only be a few years away. Thankfully, Bitcoin dev Hunter Beast is preparing us in advance with the thoughtful BIP 360 – an effort to bring post quantum cryptography to Bitcoin.In this episode, we discussed:- How quantum computing threatens your Bitcoin wallet- The vulnerability of Satoshi’s one million BTC - How to stay protected against quantum (for now!)- How banks and governments are preparing for quantum- BIP 360: Pay to Quantum Resistant Hash This episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS:___ 00:00 Intro02:05 What is quantum computing? 04:30 How could quantum threaten your Bitcoin wallet? 06:50 Addresses that are safe from quantum 09:13 Satoshi’s coins are in danger! 11:25 What happens if Satoshi’s coins are touched? 14:45 Do we softfork to shield Satoshi’s coins? 16:38 “Transitory inflation” for bitcoin after quantum 21:05 Why Taproot addresses are vulnerable 23:50 Do NOT reuse your Bitcoin addresses! 26:03 When will Quantum become a threat? 28:34 The long/short exposure attack; explained 31:45 Protection using private mempools 33:20 Why all the new Bitcoin L2s are in danger 37:45 Quantum is 5 to 10 years away, governments fear 40:34 Non-Bitcoin systems threatened by quantum 42:26 Centralized systems can adapt to quantum 43:50 Hunter’s BIP: Post quantum cryptography in Bitcoin 47:40 Hunter’s three new signature algorithms 53:48 Is new cryptography on Bitcoin risky? 56:33 Why not just stick to hash-based cryptography? 58:49 A 16X discount for quantum resistant addresses? 01:02:30 Creating quantum resistant multisig addresses 01:04:00 What is Frost? 01:06:50 The long process of approving a BIP 01:08:30 What developers think of Hunter’s BIP 01:10:00 Matt Corallo’s concerns with Hunter’s approach 01:11:00 Steps to implementing the BIP 360 01:17:00 Where to learn more about BIP 360 01:17:50 Who can push the button to change Bitcoin? › https://x.com/cryptoquick LISTEN / SUBSCRIBE TO THE PODCAST: › YouTube: / @bitcoinrails › X/Twitter: https://x.com/isabelfoxenduke › Spotify: https://open.spotify.com/show/5uPrBxvD691TpTqjijudkO?si=571634b88d574911 CONNECT WITH ISABEL: › Email: [email protected] › LinkedIn: https://www.linkedin.com/in/isabel-foxen-duke-87272423/ › X/Twitter: https://x.com/isabelfoxenduke Bitcoin #Ordinals #BRC20 #Runes #BitVM #zkp
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Make Bitcoin Quantum Resistant | With Hunter Beast
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