With BTQ Technologies’ testnet, developers and miners can now experiment with quantum-resistant transactions.
BTQ Technologies has announced the release of the first working implementation of Bitcoin Improvement Proposal 360 (BIP 360), now live on its dedicated test blockchain.
For the first time, BIP 360 moves beyond theory and becomes an operational reality on the Bitcoin Quantum testnet version 0.3.0, a parallel blockchain designed to simulate Bitcoin’s behavior in a post-quantum scenario.
The implementation introduces a transaction format called Pay-to-Merkle-Root (P2MR), which changes how transaction data is recorded on the blockchain.
The defining feature of P2MR is the elimination of public key exposure during certain transaction paths. This modification could prove decisive if quantum computers reach sufficient computational power to break current elliptic curve-based cryptographic protections.
...read more at atlas21.com
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