New Bitcoin Quantum Proposal Gives Satoshi a Silent Ownership Path A new Bitcoin quantum proposal is trying to solve a nasty future problem before it becomes a full-blown disaster: how do dormant holders prove ownership of old coins without exposing themselves onchain to tomorrow’s quantum attackers? Paradigm researcher Dan Robinson has floated Provable Address-Control Timestamps […]
Read Full Article
Bitcoin’s most famous dormant stash is back in the conversation, and the message from much of the community is simple: Satoshi Nakamoto’s coins should stay exactly where they are. “Satoshi’s coins should not be touched.” Quantum computing is the reason the debate keeps resurfacing. Bitcoin property rights matter more than any urge to “fix” dormant […]
Read Full Article
New PACTs idea could help early Bitcoin holders prepare for a quantum future Bitcoin’s cryptography is built like a fortress, but quantum computing is the one theoretical wrecking ball that keeps people up at night. A new PACTs proposal aims to give early Bitcoin holders a cleaner way to prepare for that risk without forcing […]
Read Full Article
Bitcoin’s long-term security challenge may not be regulators, block size drama, or the latest altcoin circus — it could be quantum computing. A proposal called PACTs is being pitched as a way to harden Bitcoin before future quantum machines can start chewing through the cryptography that protects coin ownership. PACTs are aimed at defending Bitcoin […]
Read Full Article
Bitcoin’s latest quantum scare is making the rounds again, but the numbers here matter. A 15-bit elliptic curve cryptography test is a tiny sandbox experiment, not a credible crack of Bitcoin security. 1 BTC prize awarded to Giancarlo Lelli 15-bit ECC key reportedly cracked with quantum tools Adam Back: closer to “statistical guessing” than a […]
Read Full Article
Wall Street wants quantum profits, but banks still disagree on whether the technology is ready or still years away Quantum computing is pulling in serious money and even more serious hype, but the machines themselves are still nowhere near delivering on the grand promises. Wall Street sees opportunity, banks are split on whether to keep […]
Read Full Article
A quantum researcher just won 1 BTC for cracking a 15-bit elliptic curve key, and while that is nowhere near enough to break Bitcoin, it is a reminder that quantum computing is not just a lab toy anymore. Project Eleven paid Giancarlo Lelli for a successful quantum ECC break 15-bit key recovered in about 45 […]
Read Full Article
Italian researcher Giancarlo Lelli has landed a 1 BTC bounty after demonstrating the largest known quantum attack on elliptic curve cryptography (ECC) so far, a result that pushes the quantum threat to Bitcoin from abstract worry to something that deserves real engineering attention. 1 BTC bounty awarded to Giancarlo Lelli on April 24 Shor’s algorithm […]
Read Full Article
Quantum computing just took another uncomfortable step toward the Bitcoin security debate, after Project Eleven’s Q-Day Prize was claimed by a researcher who broke a 15-bit elliptic curve cryptography key using publicly available quantum hardware. It’s a toy-sized crack, not a Bitcoin-busting event — but it’s another reminder that the quantum risk is real, even […]
Read Full Article
Bernstein says quantum computing is not shaking Bitcoin security right now — and that’s the sane take. The quantum panic cycle keeps coming back like bad code, but BTC’s cryptography is still standing, and there’s a big gap between scary theoretical math and a machine that can actually break Bitcoin. Bernstein’s view: quantum computing is […]
Read Full Article