Search results for Justin Drake
Crypto
Trump\'s quantum push renews bitcoin security fears over 7 million BTC exposure
The United States is bringing forward to 2031 a federal deadline to shift to quantum-resistant cryptography and is pushing quantum computer development as a national task, reviving concerns about bitcoin security. About 7 million bitcoins with already exposed public keys are seen as potential targets for future quantum computers, with more than 70 percent linked to repeated address use. Some analysts say the near-term threat remains limited, but the pace of migration is a key challenge.
Crypto
Ethereum Foundation releases \'Strawmap\' draft, seeks six-month upgrade cycle
Ethereum Foundation researcher Justin Drake released a draft technical roadmap called the \'Strawmap\' proposed by the foundation\'s protocol team. The document, aimed at researchers and developers, lays out overall directions for Ethereum layer 1 protocol upgrades. It is a proposal for discussion rather than a final roadmap. The draft suggests a six-month upgrade cycle under a plan for about seven forks through 2029.
Crypto
Buterin bets on \'next-generation Ethereum\' with 2-second blocks, quantum protection within 4 years
The Ethereum Foundation released a long-term technical roadmap called Strawmap, a draft blueprint to view layer-1 protocol upgrades in an integrated way over the next decade. The plan envisions seven hard forks by 2029, aiming to cut transaction finality to seconds and raise throughput to 10,000 transactions per second on layer 1 and 10 million per second on layer 2. It also includes quantum-resistant cryptography and shielded transfers for privacy.