Post-quantum signatures aren't new, they've existed for about 45 years.
@adam3us on why OP_CHECKSHRINCS proposed by @blksresearch is designed as a minimal, provable change to Bitcoin, and why starting the migration now means more real-world data before it's actually needed.
Quantum is the @BTCconsortium's first focus, and @blksresearch has spent the last year working toward a quantum-safe Bitcoin.
Check out the thread below to learn about some of our initiatives, starting with OP_CHECKSHRINCS. 🧵
Today, the best quantum hardware can just about factor 21 (3 x 7).
@blksresearch hired @kudinov_mikhail, one of the cryptographers behind NIST's post-quantum signature standard, and we have already proposed OP_CHECKSHRINCS, an optimized hash-based signature opcode for Bitcoin.
Proud to be a founding member of the @BTCconsortium.
Bitcoin’s long-term security has always been core to what we do, from open-source research to practical post-quantum work like OP_CHECKSHRINCS.
Supporting the independent developer community that keeps the network resilient
We're the Bitcoin Security Consortium: leading financial institutions and Bitcoin companies supporting Bitcoin's long-term security.
Members have pledged $15 million to Bitcoin security research and development over the next three years.