The Three-Phase Plan to Make Bitcoin Quantum-Safe
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The proposed solution introduces a structured, three-phase migration plan to protect Bitcoin from quantum threats. First, users would be required to move funds into quantum-resistant addresses within a set timeframe, preventing new transactions from using older, vulnerable formats.
In the second phase, any remaining coins in outdated addresses would be frozen, effectively removing them from circulation. A final phase would introduce a recovery option using advanced cryptographic proofs, allowing users who missed the deadline to reclaim their funds under specific conditions.
The goal is to balance security with fairness—encouraging users to upgrade while still offering a safety net. However, the plan would significantly impact how older Bitcoin holdings are treated, making it one of the most ambitious proposals in the network’s history.