BTQ Organization Releases Bitcoin Quantum Anti-Quantum Algorithm Solution

According to Coindesk, the anti-quantum cryptography professional organization BTQ Technologies (BTQ) recently announced a solution to protect the Bitcoin blockchain, called Bitcoin Quantum, a permissionless fork testnet that can reportedly withstand quantum challenges. Chris Tam, the head of BTQ's partnership relations, stated that Bitcoin Quantum is a publicly runnable network where miners, developers, researchers, and users can stress test quantum transactions and reveal the practical trade-offs before urgent discussions on mainnet upgrades. The system includes a block explorer and mining pools, providing real-time accessibility. Tam explained that in August 2024, the anti-quantum algorithm known as Dilithium (officially named the Module-Lattice Digital Signature Algorithm ML-DSA) was standardized in the United States, the same technology adopted by the Bitcoin Quantum network. This algorithm has not been widely used in rapidly innovative fields like cryptocurrencies due to high operating costs. The data size of anti-quantum algorithms is at least 200 times larger than the digital signatures used when sending messages to the blockchain or even sending WhatsApp messages. Therefore, while there are methods to address quantum risks, they also bring their own issues, mainly in terms of performance and cost expenses during large-scale deployments.

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