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Sui Research’s new quantum-safe wallet upgrade method offers a hard fork-free solution for EdDSA-based blockchains, but does not apply to Bitcoin or Ethereum. Sui Research has introduced a cryptographic framework that could offer protection against quantum computing threats without requiring hard forks, address changes or key updates. Cryptographer Kostas Chalkias wrote in a Monday X…
QpiAI, an Indian startup that claims to integrate AI and quantum computing for enterprise use cases, has raised $32 million in a new funding round co-led by the Indian government as the company aims to expand its presence and develop utility-scale quantum computers for markets around the world. The Indian government’s $750 million National Quantum…
New BIP proposes phasing out legacy Bitcoin signature schemes to prevent catastrophic losses if quantum computers break existing cryptography. A new Bitcoin Improvement Proposal (BIP) aims to tackle the threat posed by quantum computers by phasing out Bitcoin’s legacy signature schemes, which can be vulnerable to quantum attacks, in favor of quantum-resistant alternatives. The proposal,…
Unless Bitcoin upgrades its core cryptography in the next five years, the trust it has built over 16 years could be wiped out by a single quantum attack. Urgent upgrades are needed to protect the world’s leading cryptocurrency. Opinion by: David Carvalho, founder, CEO and chief scientist of Naoris Protocol Satoshi Nakamoto changed how we…
Adam Back suggested that the emergence of quantum computing could force Satoshi Nakamoto to move their Bitcoin to protect it, revealing whether they are alive. Early cypherpunk Adam Back, cited by Satoshi Nakamoto in the Bitcoin white paper, suggested that quantum computing pressure may reveal whether the blockchain’s pseudonymous creator is alive. During an interview…
Quantum researchers are offering 1 Bitcoin to whoever cracks the biggest “toy version” of a Bitcoin key using Shor’s algorithm on a quantum computer. Quantum computing research firm Project Eleven has launched a competition to see just how much of a threat quantum computing currently poses to Bitcoin. Launching the competition on April 16, Project…
The Bitcoin community continues to debate whether allowing the recovery of lost BTC by hackers using quantum computers would be ethical. Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to protect the integrity of the protocol…
TechCrunch will be on the ground at SXSW 2025 — the annual tech, music, comedy, and film conference that kicked off Friday in Austin — in search of the zeitgeist of this AI-centric era. Yup, we’re one sentence in and AI has already made its entrance. And why not? A quick scan of the massive…
Quantum computing, long relegated to the realm of theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive race for more powerful compute. On the heels of some notable advancements in quantum chips and error correction (two of the key areas that have kept quantum computers from becoming…
Quantum computing remains something of a holy grail in the world of technology: it promises a huge leap in computing power, but only if someone can figure out how to square away the fault rates that prevent any scaling of the tech. Now, one of the more promising quantum startups in Europe is announcing a…