Mmastodon BusinessCrypto first seen 14 h ago, last 11 h ago, peak #1

Cost of quantum-safe Bitcoin transactions falls sharply, researchers say

Original: Quantum-safe Bitcoin spending drops 82% in cost as researchers battle to protect 6 million exposed coins StarkWare's opt

StarkWare researchers report that an optimization challenge cut the estimated computing cost of quantum-safe Bitcoin transactions by 82%, to about $59. The work is aimed at protecting roughly 6 million BTC held in addresses whose public keys are exposed and vulnerable to future quantum attacks. Researchers caution that significant technical hurdles remain before such protections can be applied at scale across the network.

Why now: Concerns about quantum computers threatening exposed Bitcoin holdings are driving interest in cheaper quantum-safe solutions.

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• Quantum-safe Bitcoin spending drops 82% in cost as researchers battle to protect 6 million exposed coins StarkWare's optimization challenge cuts estimated computing costs for quantum-safe Bitcoin transactions to $59, but technical hurdles remain for securing 6 million BTC with… · newisty

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