How BIP 360 Prepares To Quantum Proof Bitcoin With Hunter Beast
Compass Mining
Intro
This chapter highlights the significance of securing investments in Bitcoin while delving into the potential risks posed by quantum computing. It emphasizes the necessity of quantum proofing to protect the Bitcoin network's integrity amidst advancing technology.
In this episode, host Jarrett Carpenter sits down with Hunter Beast to explore the growing impact of quantum computing on Bitcoin’s security. They break down the risks posed by quantum advancements, the urgency of preparing for Q-Day—a potential scenario where quantum computers could crack Bitcoin’s cryptographic defenses—and the critical role of post-quantum cryptography.Hunter shares insights on BIP 360 and the Hourglass proposal, two key initiatives designed to safeguard Bitcoin from quantum threats. He also discusses the challenges of implementing these security measures within a decentralized and often change-resistant community. The conversation offers valuable perspectives on the current state of quantum computing, its implications for Bitcoin, and actionable steps non-technical Bitcoiners can take to stay informed and secure.
Watch on YouTube - https://youtu.be/32DWzBYdgg8⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️00:00 - Hunter Beast's Episode Intro00:19 - Episode Intro03:23 - Bitcoin Technical Mining Ops Meetup Review06:00 - Before Hunter Beast, No One Was Working On Quantum Proofing Bitcoin06:55 - What Does Creating A BIP Entail?13:20 - What Is The Current Threat Of Quantum To Bitcoin?17:26 - What Is The Timeline Of The Quantum Threat?24:07 - What Is Q Day? What Does It Look Like?32:20 - What Is BIP 360?38:42 - Where Does Quantum Need To Get To Disrupt Bitcoin?42:35 - Game Theory | If We Could Break Bitcoin With Quantum Computers, Would We Want To?47:40 - Who Does Hunter Beast Talk About The Bitcoin Quantum Threat?51:29 - What Can YOU Do To Support BIP 360?Follow Hunter Beast on X - https://x.com/cryptoquickBIP 360 Website - https://bip360.org/
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