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On-Chain Analyst Willy Woo Issues Bitcoin Migration Guide Amid Quantum Computing Concerns
On-chain analyst Willy Woo published a guide advising Bitcoin holders to transfer coins from Taproot addresses to older formats that hide public keys behind cryptographic hashes. Woo warned that quantum computers could compromise exposed keys as the technology advances toward the late 2020s. The guidance has sparked debate within the Bitcoin community over migration urgency and protocol upgrade strategies.