Bitcoin Developers Kick Off Quantum-Safety Track With BIP-360
Bitcoin’s quantum-security discussion just gained a concrete new artifact in the code-and-spec pipeline: an updated draft of BIP-360 has been merged into the official Bitcoin Improvement Proposals repository, proposing a Taproot-adjacent output type designed to limit exposure to future quantum key-recovery attacks. The change matters less because it “solves” quantum risk today, and more because […]
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The development of quantum computers may spell the doom of Bitcoin. Bitcoin is dead! It has been predicted 112 times already. There is even a website that keeps track of all these obituaries. The latest prophecy predicts the death of Bitcoin once quantum computers make an entry. This plausible prediction comes at the time when Bitcoin is going strong, rebounding from a recent dip in its price following the BitFinex hacking incident. The threat of quantum computers on Bitcoin was predicted by Andersen Cheng, the co-founder of a UK-based cyber security firm, Post Quantum. He was quoted by a....
IBM has announced the launch of its quantum computing service called IBM Q along with a developer API. Quantum computers are considered to the future of computing. IBM is one of the of companies that is currently involved in the development of quantum computers. The tech giant has made news by announcing its plans to build the first commercial quantum computing system. With the recent announcement, IBM has made a name for itself as the provider of some of the disruptive technological solutions. The quantum computing systems and services follow the company’s suite of products in the AI (IBM....
Quantum risk has become a recurring stress point in Bitcoin discourse, often framed as an existential threat. The claim usually follows a familiar arc: quantum computing is advancing quickly, cryptography is vulnerable, and Bitcoin isn’t adapting fast enough. Marty Bent doesn’t buy that framing. In his Dec. 14 episode, Bent acknowledged that quantum computing represents […]
Experts say XRP’s design leaves a smaller share of its supply exposed to a potential quantum attack than Bitcoin. An Armor Against Quantum Attacks? Following the recent spike of the crypto quantum-panic or “quantum FUD” (fear, uncertainty and doubt) after Google’s “doomsday” whitepaper, many crypto developers are analysts have taken into the job of running tests to make sure their coins are safe. Others are already writing up safety post-quantum protocols and proofs. Vet, XRP Ledger dUNL validator and long‑time XRPL contributor, shared on a post on the social network X the belief that....
The debate over quantum computers and their risks in the crypto space is gaining traction as new insights emerge about the safety of XRP holders. A crypto pundit has shared information examining how exposure levels to these risks differ across accounts and what that could mean if quantum computing becomes a threat. The expert’s analysis […]