Scan to download
BTC $75,076.53 +0.13%
ETH $2,340.96 -0.55%
BNB $629.09 +0.69%
XRP $1.44 +1.81%
SOL $88.40 +3.37%
TRX $0.3260 +0.07%
DOGE $0.0979 +1.28%
ADA $0.2557 +1.95%
BCH $449.84 +1.56%
LINK $9.44 +1.72%
HYPE $43.78 -3.52%
AAVE $113.80 +6.85%
SUI $0.9862 +0.43%
XLM $0.1666 +3.65%
ZEC $334.18 -2.82%
BTC $75,076.53 +0.13%
ETH $2,340.96 -0.55%
BNB $629.09 +0.69%
XRP $1.44 +1.81%
SOL $88.40 +3.37%
TRX $0.3260 +0.07%
DOGE $0.0979 +1.28%
ADA $0.2557 +1.95%
BCH $449.84 +1.56%
LINK $9.44 +1.72%
HYPE $43.78 -3.52%
AAVE $113.80 +6.85%
SUI $0.9862 +0.43%
XLM $0.1666 +3.65%
ZEC $334.18 -2.82%

dev

Bitcoin developers proposed BIP-361 to combat potential future quantum attack risks

One of the Bitcoin contributors, Jameson Loop, along with other cryptographers, has proposed an initiative that may force Bitcoin holders to migrate their tokens to new quantum-resistant addresses, or else their tokens will be permanently frozen by the network itself. In this scenario, holders technically still own these coins but will lose the ability to transfer them. This is known as Bitcoin Improvement Proposal BIP-361, which was updated on Tuesday in Bitcoin's official proposal repository, titled "Post-Quantum Migration and Old Signature Retirement."BIP-361 builds on the BIP-360 proposal introduced in February. BIP-360 introduced a soft fork (a type of network upgrade) aimed at enabling a new transaction type called "Pay to Merkle Root" (P2MR). This approach draws on Bitcoin's Taproot (P2TR) framework but removes key-based spending paths, thereby eliminating an element widely considered to pose risks in the quantum era.The BIP-361 proposal divides the migration into three phases. Phase A starts three years after activation and prohibits anyone from sending new bitcoins to old, quantum-vulnerable addresses. You can still spend from these addresses, but you cannot receive any coins. Phase B starts five years after activation and will render old signatures (ECDSA and Schnorr) completely ineffective, with the network rejecting any attempts to spend coins from quantum-vulnerable wallets.Essentially, your coins will be frozen. Finally, there is Phase C, which is a rescue plan still under research: holders of frozen wallets may potentially prove ownership through zero-knowledge proofs (a method of proving knowledge of a secret without revealing the secret itself). If successful, the coins frozen in Phase B can be recovered.

Zcash core development team ZODL releases strategic roadmap: focusing on post-quantum, security scalability, and user experience

The Zcash core development team Zcash Open Development Lab (ZODL) founder Josh Swihart released the latest progress on Zcash, proposing a strategic direction centered on "post-quantum security, scalability, and user experience," and using the Artemis II lunar mission as a metaphor to emphasize achieving seemingly impossible goals through technological breakthroughs. The ZODL team stated that Zcash is entering the "Zcash IV" phase, which will build infrastructure similar to a "lunar base" to support the protocol and application security scaling to billions of users, while promoting the vision of privacy transactions without large-scale financial surveillance.On the product and technology front, ZODL continues to iterate, with its 3.3.x version now launched on iOS and Android, adding hardware wallet connection management, SDK upgrades, and multiple experience optimizations, while advancing key developments such as Keystone wallet functionality and address system upgrades (ZIP 316, UIVK/UFVK). Meanwhile, the Zcash core team has fixed multiple system issues and is advancing the development of the Zallet alpha version, while strengthening unified address standards and wallet interaction experiences, laying the groundwork for future scalability and performance improvements.In addition, ZODL disclosed that its application data continues to grow and participated in a stablecoin privacy summit to strengthen industry collaboration. However, due to upgrades in regulation and network restrictions, ZODL has temporarily removed its app from the Russian app store. The team emphasized that privacy is not an option but a fundamental need in the digital age, and will continue to accelerate delivery pace to promote the popularization of ZEC and ecological development in the future.
app_icon
ChainCatcher Building the Web3 world with innovations.