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News
Researchers Halve Computational Estimate for Quantum Attack on Bitcoin and Ethereum
3+ day, 20+ hour ago (611+ words) Researchers halve quantum attack estimate for Bitcoin, Ethereum. A group of researchers has more than halved the computational complexity estimate for a key stage of a potential future quantum attack on Bitcoin and Ethereum, compared to Google’s benchmark, CoinDesk reports....
LayerZero and a16z Unveil Post-Quantum Proof System for Blockchains
3+ day, 23+ hour ago (548+ words) Lattice Jolt, a post-quantum proof system, launched. On September 9, Lattice Jolt was released, a new version of a computation verification system designed to withstand quantum attacks. According to developers from a16z crypto, the creation and verification of proofs have accelerated by…...
IonQ Estimates Quantum Computer Power Needed to Attack Bitcoin
5+ day, 19+ hour ago (424+ words) IonQ estimates 26 days to break secp256k1 with 20,000 qubits. A fault-tolerant quantum computer with approximately 20,000 physical qubits would require 26 days to break the cryptography of secp256k1, according to IonQ. The first complete, end-to-end fault-tolerant resource estimate for running Shor’s algorithm—the team used…...
QuFi Tests Post-Quantum Bitcoin Security Without Blockchain Changes
1+ week, 2+ day ago (354+ words) QuFi Network has launched a post-quantum verification platform designed to protect digital assets from future quantum threats without altering existing settlement networks. To demonstrate the solution, developers used the Bitcoin Testnet4. QuFi’s key idea is to separate transaction verification from its…...
Ethereum Developers Propose New Deposit Contract for Post-Quantum Signatures
2+ week, 6+ day ago (475+ words) Ethereum developers have proposed a new version of the deposit contract designed for signatures resistant to quantum attacks. Currently, a validator connects to the network through a smart contract that accepts deposits and operates solely with BLS cryptography. The draft…...
GnosisDAO Approves Transition of Gnosis Chain to Ethereum Rollup
3+ week, 3+ day ago (552+ words) Gnosis Chain to transition to Ethereum rollup after GNO vote. GNO holders have approved the transition of Gnosis Chain from an independent Layer 1 blockchain to a ZK rollup with settlements directly on Ethereum. The project team announced the results of…...