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Home›Crypto›Market Structure›Bitcoin Improvement Proposal published for SHRINCS qua…

Bitcoin Improvement Proposal published for SHRINCS quantum-secure signatures

The proposed upgrade centers on Bitcoin signatures using the SHRINCS scheme, with the catch linked to how it would work in practice.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that a new Bitcoin Improvement Proposal covering the SHRINCS signature scheme has been published, aiming to upgrade Bitcoin toward quantum-secure signatures.

The proposal is intended to address future cryptographic risk by changing the signature approach used in Bitcoin transactions, according to the report.

Cointelegraph also notes that the quantum-secure direction comes with a catch, though the summary provided does not include the specific tradeoff details.

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Sources

CointelegraphSHRINCS BIP published: Quantum-secure Bitcoin comes with a catch

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