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Blockchain

Can SegWit Wallets Shield Bitcoin from Quantum Computing Threats


Bitcoin OG Willy Woo has suggested a way to keep your Bitcoin safe until there’s a solution to the quantum Bitcoin threat — hodling your Bitcoin in a SegWit wallet for around seven years. 

Quantum computing has been a long-feared (and debated) inflection point for the crypto industry. Computers capable of breaking encryption have been theorized to have the capacity to reveal user keys, expose sensitive data and user funds.

In an X post on Tuesday, Woo floated one “intermediary measure,” involving the transfer of one’s Bitcoin to a



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by Tech In Asia

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by Cointelegraph

Payment processor Square has launched its Bitcoin payment feature for sellers, allowing them to opt in and accept Bitcoin at checkout through its point-of-sale system. Jack Dorsey, co-founder of Block, which owns Square, said in an X post on Monday that with the new feature, merchants using Square can receive Bitcoin to Bitcoin, Bitcoin to fiat, fiat to Bitcoin or fiat to fiat payments. At the same time, Jacob Szymik, an account executive at Square, stated that Bitcoin (BTC) payments are currently only available for in-person purchases and… Source link