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⛓️ Crypto🟢 BullishImportance 6/10

New Bitcoin Post-Quantum Work Undercuts ‘No One Is Building’ Claims

Bitcoinist|Jake Simmons||4 views
🤖AI Summary

Bitcoin core developer Matt Corallo responded to claims that no serious work is being done on post-quantum cryptography for Bitcoin, citing Blockstream's new OP_SHRINCSVERIFY announcement as evidence of ongoing development. The response highlights that post-quantum cryptography research for Bitcoin is actively progressing, contrary to skeptical assertions.

Key Takeaways
  • Matt Corallo pushed back against claims that no one is seriously working on post-quantum cryptography for Bitcoin.
  • Blockstream announced a preview of OP_SHRINCSVERIFY as part of post-quantum development efforts.
  • The development work represents ongoing efforts rather than sudden new initiatives.
  • Post-quantum cryptography remains an active area of Bitcoin protocol development.
  • The announcement serves to counter skepticism about Bitcoin's quantum resistance preparations.
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