The CEO of Cardano criticized a plan to protect Bitcoin from quantum attacks.
Cardano's founder, Charles Hoskinson, stated that even if the BIP-361 proposal (a plan to make Bitcoin safe from quantum computers) is implemented, some BTC is still at risk. It is believed that around 1.7 million coins could be affected.
The plan could protect up to 34% of all Bitcoin, but it does not include older wallets, especially those created before 2013.
Hoskinson also criticized the idea of "recovering" these coins and warned that if this issue is not resolved, they could be frozen or stolen in the future.$ADA
$BTC
Cardano's founder, Charles Hoskinson, stated that even if the BIP-361 proposal (a plan to make Bitcoin safe from quantum computers) is implemented, some BTC is still at risk. It is believed that around 1.7 million coins could be affected.
The plan could protect up to 34% of all Bitcoin, but it does not include older wallets, especially those created before 2013.
Hoskinson also criticized the idea of "recovering" these coins and warned that if this issue is not resolved, they could be frozen or stolen in the future.$ADA
$BTC