Bitcoin’s quantum-safe protection gets 82% cheaper as researchers race to secure 6 million exposed BTC

Share

Researchers have reduced the computing cost of quantum-safe Bitcoin transactions by 82%, dropping from 320 dollars to 59 dollars through software improvements in StarkWare’s optimization challenge. Approximately 6.04 million BTC, representing 30.2% of the circulating supply, have exposed public keys on the blockchain, making them potentially vulnerable to future quantum attacks. Google Quantum AI calculated that quantum computers could theoretically break Bitcoin’s elliptic-curve cryptography using approximately 500,000 physical qubits, a figure twenty times lower than previous estimates. AI-assisted coding tools used by StarkWare, Yukon Research, and Eigen Labs enabled verification of over one billion candidates per second on an Nvidia RTX 4090 graphics card. The 59-dollar cost remains a simulation-based estimate and requires miners willing to process nonstandard transactions to be validated under real conditions.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items