Deep Tide TechFlow News, January 12 — According to CoinDesk, post-quantum cryptography expert BTQ Technologies has launched a permissionless fork testnet called “Bitcoin Quantum,” aimed at addressing the potential threats of quantum computing to the Bitcoin network. The testnet uses a lattice-based signature algorithm ML-DSA (commonly known as Dilithium), which was standardized by the National Institute of Standards and Technology (NIST) in August 2024.
Chris Tam, co-lead of BTQ Technologies, stated that there are two main attack vectors of quantum computing against Bitcoin: deriving private keys from public keys and attacking proof-of-work algorithms. Although post-quantum algorithms have the same interface, their underlying mathematical principles are more robust and can resist quantum computing attacks.
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BTQ Technologies Launches "Bitcoin Quantum" Testnet to Address Quantum Computing Threats
Deep Tide TechFlow News, January 12 — According to CoinDesk, post-quantum cryptography expert BTQ Technologies has launched a permissionless fork testnet called “Bitcoin Quantum,” aimed at addressing the potential threats of quantum computing to the Bitcoin network. The testnet uses a lattice-based signature algorithm ML-DSA (commonly known as Dilithium), which was standardized by the National Institute of Standards and Technology (NIST) in August 2024.
Chris Tam, co-lead of BTQ Technologies, stated that there are two main attack vectors of quantum computing against Bitcoin: deriving private keys from public keys and attacking proof-of-work algorithms. Although post-quantum algorithms have the same interface, their underlying mathematical principles are more robust and can resist quantum computing attacks.