How will the development of quantum computing impression the safety of Bitcoin, and what steps are crucial to guard the community from this rising risk?
What position may lattice-based encryption play in safeguarding Bitcoin, and which of the present algorithms are finest fitted to this goal?
How would the implementation of such encryption know-how be built-in into the prevailing Bitcoin infrastructure, and what challenges may come up throughout this course of?
What occurs to current addresses that depend on elliptic curve cryptography?
Is there a approach to seamlessly transition outdated addresses to the brand new system, or would customers have to actively switch their funds to new, safer addresses?
How may such a transition be designed to make sure person safety whereas sustaining belief within the community?