Workflow
Quantum-Safe Bitcoin
icon
Search documents
BTQ Technologies Demonstrates Quantum-Safe Bitcoin Using NIST Standardized Post-Quantum Cryptography, Protecting $2+ Trillion Market at Risk
Prnewswireยท 2025-10-16 11:30
Core Viewpoint - BTQ Technologies Corp has successfully demonstrated a quantum-resistant Bitcoin implementation, addressing the existential risk posed by quantum computing to Bitcoin's $2.4 trillion market capitalization [1][3][5]. Group 1: Quantum Threat to Bitcoin - The quantum threat is described as an existential risk to the entire Bitcoin economy, with the potential for quantum computers to break ECDSA signatures, making every transaction vulnerable to interception and theft [3][4]. - Approximately 6.65 million Bitcoin, valued at $745 billion, have exposed public keys, making them immediately attackable by quantum threats [2][3]. - The method of "harvest now, decrypt later" allows adversaries to download the entire Bitcoin blockchain for future decryption, threatening historical transaction privacy and user identification [3][4]. Group 2: BTQ's Quantum-Safe Bitcoin Implementation - The Bitcoin Quantum Core Release 0.2 replaces vulnerable ECDSA signatures with NIST-approved ML-DSA, providing a standards-based path to protect Bitcoin's market value [1][5][6]. - The implementation supports the full transaction lifecycle, including wallet creation, transaction signing, verification, and mining, ensuring comprehensive security against quantum threats [5][9]. - BTQ's solution is positioned as a first-mover in providing quantum protection for Bitcoin, aiming to secure the entire $2.4 trillion value proposition of Bitcoin as digital gold [11][12]. Group 3: Commercial Roadmap and Industry Coordination - BTQ has established a roadmap targeting the protection of the full Bitcoin market by 2026, with key milestones including a testnet launch in Q4 2025 and a mainnet launch in Q2 2026 [8][18]. - The BTQ Foundation has been created to coordinate industry-wide efforts to defend against quantum threats, leveraging BTQ's expertise in post-quantum cryptography [7][10]. - The urgency for protective action is emphasized, as quantum computing capabilities are projected to advance rapidly, potentially disrupting the cryptocurrency market by 2028-2030 [8][10].