Bitcoin Could Be Quantum-Safe Without Protocol Changes, New Proposal Claims
5 Articles
5 Articles
Quantum Safe Bitcoin Scheme Achieves 118-Bit Security Against Shor’s Algorithm Threat
QSB is a scheme for Bitcoin transactions designed to remain secure against the threat of Shor’s algorithm, without requiring any changes to the existing Bitcoin protocol. It achieves this by modifying Binohash, replacing a vulnerable component with a hash-to-sig puzzle relying on the pre-image resistance of RIPEMD-160.
Quantum Safe Bitcoin Emerges: A $200 Fix for Bitcoin’s Quantum Threat
TLDR: Quantum Safe Bitcoin works within Bitcoin’s existing consensus rules, requiring no soft fork or miner signaling. Each QSB transaction costs between $75 and $200 due to heavy off-chain GPU computation requirements. QSB replaces ECDSA signature security with hash-based proofs that quantum computers cannot easily break. Levy frames QSB as a last-resort emergency tool, not a substitute for long-term fixes like BIP-360. A StarkWare researcher …
There’s a Way to Make Bitcoin Safe From Quantum Without a Fork, Researchers Say
A new proposal suggests Bitcoin users could defend against future quantum attacks using a transaction design that works within the network’s existing rules.
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