Lightning Labs Chief Technology Officer Olaoluwa Osuntokun has built the first operational prototype of a Bitcoin quantum-resistant wallet rescue tool, designed to prevent millions of wallets from being permanently frozen when emergency quantum defense upgrades are launched in the future network. The scheme allows users to mathematically prove they are the wallet creators without revealing their seed phrases, thereby restoring access to funds. The current prototype is operational; generating proof takes about 55 seconds on a high-end MacBook, and verification takes less than 2 seconds, but there is no official BIP or clear deployment schedule yet. (CoinDesk)

BTC1.45%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments