Bitcoin (BTC) researchers "Quantum computing threat, hash-based signatures as an alternative"

Source
JH Kim

Summary

  • Bitcoin (BTC) researchers noted that hash-based signatures are being regarded as a key countermeasure technology in the era of quantum computing attacks.
  • Blockstream researchers said they analyzed various methods to strengthen the Bitcoin blockchain's quantum resistance.
  • The researchers emphasized that preparing countermeasures, including hash-based signatures, is essential for Bitcoin's long-term security.
Photo=Shutterstock
Photo=Shutterstock

On the 11th (local time), according to DL News, a media specialized in virtual assets (cryptocurrency), Bitcoin (BTC) researchers are focusing on hash-based signatures (Hash-based signatures) as a key technology to prepare for an era of quantum computing attacks.

Blockstream (Blockstream) researchers Mikhail Kudinov and Jonas Nick analyzed various methods to strengthen the Bitcoin blockchain's quantum resistance (Quantum resistance).

They assessed that hash-based signatures could be a solution that operates reliably in a future quantum computing era, in that they require only the hash-function assumption (Hash-function assumption), a core element of Bitcoin's design.

The research team emphasized, "As quantum computers emerge and existing cryptographic algorithms could be rendered ineffective, preparing countermeasures, including hash-based signatures, is essential for Bitcoin's long-term security."

JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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