Key Takeaways:

• Lightning Labs CTO Olaoluwa Osuntokun built a prototype to secure bitcoin wallets from quantum risk.
• Tests show Bitcoin users.
• BIP-360 gains urgency as quantum threat debate grows, with adoption possible in next few years.

New Tool Aims to Save Bitcoin Wallets From Quantum Threat

A senior bitcoin developer has introduced a prototype designed to solve a long-standing problem: how to protect users if the network ever faces a quantum computing threat.

Olaoluwa Osuntokun, Chief Technology Officer at Lightning Labs, has built a working system that could allow users to recover funds from vulnerable wallets. The tool comes as developers continue to debate how bitcoin should respond to future advances in quantum computing.

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