StarkWare Executes First Quantum-Resistant Bitcoin Transaction Without a Network Fork
TLDR
- StarkWare completed the first quantum-resistant Bitcoin transaction using a method called signature grinding
- The method adds an “extra lock” to protect Bitcoin holdings without requiring a network fork
- Transactions in the Bitcoin mempool are vulnerable to quantum attacks during the brief window before confirmation
- The process is computing-intensive and can take hours to produce a single transaction
- MARA mined the transaction through its Slipstream service; StarkWare’s STRK token rose about 4.5% after the news
StarkWare has successfully completed what it calls the first quantum-resistant Bitcoin transaction. The company says the breakthrough shows that protecting Bitcoin from quantum computing threats does not require a network fork.
We had a whitepaper and a dream, it’s now a reality.
🚨 The first quantum-safe Bitcoin has been mined 🚨@StarkWareLtd sent 3.1 BTC using @avihu28's Quantum-Safe Bitcoin method. A spend no quantum computer could forge, under Bitcoin's rules as they exist today. https://t.co/cjuIftzzee
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