![\"SHRINCS](\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-bitcoins-quantum-problem.jpg\")
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A new Bitcoin Improvement Proposal for the SHRINCS signature scheme has just been published to upgrade Bitcoin to quantum secure. Here\u2019s everything you need to know.<\/p>\n
Blockstream co-founder and CEO Adam Back has a reputation as a quantum computer skeptic who believes the technology<\/a> is so immature the threat won\u2019t materialize for decades<\/span>.<\/p>\n Which makes it all the more fascinating that his company is one of the leaders in researching practical solutions to the issue. Back told Cointelegraph earlier this year \u201cthe safe thing\u201d is to prepare for the threat well in advance.<\/p>\n Blockstream has already proven its experimental post-quantum signature scheme called SHRINCS works in production on its Liquid sidechain and a Bitcoin Improvement Proposal for SHRINCS was published earlier today<\/a>.<\/p>\n Blockstream Research\u2019s Jonas Nick called it \u201cthe first concrete proposal<\/a> for a post-quantum signature scheme designed specifically for Bitcoin.\u201d But he added that \u201cSHRINCS is not intended to be Bitcoin\u2019s \u2018final\u2019 signature scheme, and it is not optimal along every axis. <\/p>\n \u201dI do think it is a very good trade-off among the options we have now,\u201d he said.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n