No Fork Required: Bitcoin’s First Quantum-Safe Transaction Just Happened
Bitcoin Magazine
No Fork Required: Bitcoin’s First Quantum-Safe Transaction Just Happened
Should fund managers dealing in Bitcoin be worried about the threat of quantum computing?
The short answer is yes — but there’s time to prepare and solutions are already being found.
One of them? Post-quantum Bitcoin transactions on the mainnet. And the first one happened this week thanks to the Starknet Foundation.
Speaking at Bitcoin Asia in Hong Kong on Thursday, Damian Chen, VP of growth at the Starknet Foundation, demonstrated how funds vulnerable to future quantum attacks can be secured without requiring a network-wide fork, thanks to the company’s latest solution.
“This is a monumental moment,” Chen said. “This is the first post-quantum-resistant Bitcoin transaction on bitcoin mainnet today. It required no soft forks; it required no hard forks; it required no core protocol upgrades, and it’s live today.”
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