A new Bitcoin Improvement Proposal, or BIP, centered on the SHRINCS signature scheme has been released, according to Techub News. The proposal is aimed at upgrading Bitcoin with quantum-safe protections and lays out a technical path for moving the network toward post-quantum cryptography. SHRINCS is described as a hash-based signature scheme that is considered capable of resisting attacks from future quantum computers. The release of the proposal points to a concrete step by the Bitcoin community in addressing potential threats tied to quantum computing. Techub attributed the item to @Cointelegraph.
Techub News says a new Bitcoin Improvement Proposal centered on the SHRINCS signature scheme is out, aimed at moving Bitcoin toward a quantum-safe model.
It lays out a technical route for shifting the Bitcoin network to post-quantum cryptography. SHRINCS is a hash-based signature scheme widely seen as able to resist attacks from future quantum computers.
And according to @Cointelegraph, the proposal’s release marks a concrete step by the Bitcoin community as it responds to the threat from quantum computing.
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