New Quantum-Safe Bitcoin Transaction Proposal Emerges Without Protocol Changes
Bitcoin can be made quantum-safe without a protocol upgrade: Researcher
Cointelegraph
Image: Cointelegraph
A proposal for Quantum Safe Bitcoin (QSB) transactions has been introduced by Avihu Levy, chief product officer at StarkWare. This method aims to secure Bitcoin transactions against quantum threats without altering the existing protocol, although it may not be practical for everyday use due to high costs and complexity.
- 01Avihu Levy proposed a Quantum Safe Bitcoin transaction scheme that requires no protocol changes.
- 02The QSB method is designed to secure transactions against quantum computers running Shor's algorithm.
- 03Transaction costs range from $75 to $150, making it impractical for everyday use.
- 04The Bitcoin community remains divided on how to address quantum vulnerabilities.
- 05Long-term solutions involving protocol changes are still preferred over temporary measures.
Advertisement
In-Article Ad
Avihu Levy, the chief product officer at StarkWare, has proposed a Quantum Safe Bitcoin (QSB) transaction scheme that could protect Bitcoin transactions from quantum threats without necessitating a soft fork. This method, published recently, ensures security against adversaries using large-scale quantum computers running Shor's algorithm. The QSB scheme operates within the existing Bitcoin script constraints and replaces the traditional proof-of-work signature puzzle with a hash-to-signature puzzle. However, it comes with significant costs, estimated between $75 and $150 per transaction, making it unsuitable for routine transactions. The Bitcoin community is currently divided on how to handle potential quantum vulnerabilities, with some advocating for protocol upgrades while others consider this proposal a temporary fix. Notably, concerns remain regarding dormant wallets and public keys that may still be vulnerable to quantum attacks. Despite the potential of the QSB scheme, researchers emphasize that protocol-level changes are the preferred long-term solution for ensuring Bitcoin's security against quantum threats.
Advertisement
In-Article Ad
This proposal could influence how large Bitcoin transactions are secured against future quantum threats, potentially affecting high-value holders.
Advertisement
In-Article Ad
Reader Poll
Do you think Bitcoin should implement quantum-safe measures now or wait for a protocol upgrade?
Connecting to poll...
More about StarkWare
Read the original article
Visit the source for the complete story.



