BTQ Technologies has officially launched the Bitcoin Quantum testnet. This project serves as a technical fork specifically designed to implement quantum computer-resistant cryptography.
As stated in the press release, the main objective of this initiative is to reduce current funding vulnerabilities. According to a report from CriptoNoticias, some 6.8 million BTC These reside at addresses where the public key is publicly visible for everyone to see.
A sufficiently powerful quantum computer will be able to calculate the private keys of these wallets in the future. In this scenario you will have to compromise Current asset value is approximately $750 billioncoins from the Satoshi Nakamoto era are also included.
To solve this risk, Bitcoin Quantum replaces the traditional ECDSA algorithm with a standard algorithm. ML-DSA (Modular Lattice Digital Signature Algorithm). The National Institute of Standards and Technology (NIST) recently approved this technology to protect transactions from quantum brute force attacks.
Necessary readjustment of infrastructure
Implementing post-quantum signatures comes with technical challenges, which the project has already integrated into its test network. Security signatures take up much more space in each transaction than they currently do, making transactions much more costly. To compensate for this weight increase and maintain network fluiditythe team increased the block size limit to 64 MB.
BTQ defines this testnet as a “canary in the coal mine.” The network allows miners, developers, and institutions to exchange assets and evaluate the movement of funds in a real-world environment before a threat is imminent.
Although Bitcoin’s main network (core) is not considering these changes in the short term, this test establishes an important technical precedent. This experiment shows how the ecosystem can protect financial sovereignty and value immutability for decades to come.
(Tag Translation)Bitcoin (BTC)
