Bitcoin can be made quantum-safe without a protocol upgrade: Researcher

Bitcoin can be made quantum-safe without a protocol upgrade: Researcher

2.07%TRX$0.3192 0.64%BCH$440.58 0.21%DOGE$0.09275 1.33%XLM$0.156 0.07%ETH$2,197 0.61%BNB$601.60 0.19%SOL$83.39 1.37%HYPE$40.48 4.51%XMR$346.63 5.92%XRP$1.34 0.80%ADA$0.2526 1.20%BTC$72,127 1.52%USD Written by Martin Young,Staff WriterReviewed by Felix Ng,Staff EditorBitcoin can be made quantum-safe without a protocol upgrade: Researcher2 hours agoHowever, it could cost users between $75 and $150 per transaction in GPU computing power, limiting its practical use. A Bitcoin researcher has come up with a way that could immediately make Bitcoin transactions quantum-safe without the need for a soft fork. In a proposal published Thursday, StarkWare chief product officer Avihu Levy proposed a Quantum Safe Bitcoin (QSB) transaction scheme that he said would remain secure “even against an adversary with a large-scale quantum computer running Shor’s algorithm.” He added that the scheme requires no

Source: https://cointelegraph.com/news/researchers-say-bitcoin-can-be-made-quantum-safe-without-protocol-upgrade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound