SHRINCS BIP Published: Quantum-Secure Bitcoin Comes With A Catch

Bitcoin researchers propose quantum fix that would not crowd out transactions

SHRINCS BIP Published: Quantum-Secure Bitcoin Comes With A Catch

The newly published SHRINCS Bitcoin Improvement Proposal reduces the size of hash based post quantum signatures by 13X, but it adds complexity and has significant trade-offs.

Blockstream publishes SHRINCS post-quantum signature proposa

🚨 Blockstream releases SHRINCS, its post-quantum signature scheme proposal for Bitcoin. 🔒 SHRINCS enables quantum-resistant signatures and has been tested on the Liquid sidechain. 💡 The new scheme is around nine times larger than existing $BTC signatures, but keeps transactio...

CoinStats - Blockstream publishes SHRINCS post-quantum si...

🚨 Blockstream releases SHRINCS, its post-quantum signature scheme proposal for Bitcoin. 🔒 SHRINCS enables quantum-resistant signatures and has been tested on the Liquid sidechain. 💡 The new scheme is around nine times larger than existing $BTC signatures, but keeps transaction speeds close to today’s rates. 🕰️ Quantum-resistant upgrades for Bitcoin depend on both technical viability and strong community consensus. Continue Reading:Blockstrea…

Quantum-Secure Bitcoin via SHRINCS BIP: Benefits With a Trade-Off

Blockstream CEO Adam Back may have long played down the immediacy of quantum threats, but the company he leads is moving forward with concrete work on how Bitcoin could upgrade if sufficiently powerful quantum computers ever become a practical reality. That progress just received a fresh milestone: a Bitcoin Improvement Proposal (BIP) for the company’s experimental post-quantum signature scheme, SHRINCS, was published on the project’s GitHub rep…