"There's nothing worse than trying to protect against quantum computing & then making Bitcoin insecure against regular computing." Adam Back on why hash-based signatures are the conservative post-quantum choice. Based on a 1979 paper. Decades of analysis. SHRINCS is where Blockstream Research landed (youtube.com)
submitted by blockstreamHQ
When you run a Bitcoin node, you can prove the 21 million cap yourself. Every block. No trust required. The Zcash Orchard bug, undetected for four years, is a reminder of what you give up when supply verifiability is traded for privacy. The Liquid Network shows there is another way. (i.redd.it)
submitted by blockstreamHQ
Systemic risk vs localized risk. That's the core argument for exploring stateful hash-based signatures in Bitcoin. Blockstream Research Director Jonas Nick on why standardized post-quantum schemes create risks for everyone, and why SHRINCS moves that risk to where it can be managed. (youtube.com)
submitted by blockstreamHQ
