Svmuu News: Security firm Project Eleven has launched a post-quantum proof technology designed to help users prove ownership of Bitcoin wallets once quantum computers are capable of deriving private keys and generating valid signatures.
Project Eleven CEO Alex Pruden stated that the technology utilizes the wallet’s key derivation path to allow users to prove their control without disclosing the parent key, thereby distinguishing legitimate owners from attackers.
The solution was developed in collaboration with Jim Posen, the primary maintainer of the open-source Binius zero-knowledge proof system, and is based on the “signature elevation” technique proposed by Alon Sattath and Robert Wyborski.
Project Eleven noted that the prototype has not yet been audited and requires blockchain protocol support before it can be deployed; it is primarily intended for users who may miss the opportunity to migrate to post-quantum addresses in the future.
Project Eleven Launches "Bitcoin" Proof-of-Ownership Solution for Wallets Following Q-Day
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
FUNDZ (FundFantasy) Project Analysis: The Current State of the Blockchain Financial Fantasy Gaming Platform
-
2
DFSM Coin Value Analysis: DFS MAFIA Project Status and Investment Considerations
-
3
TAIL Coin Multi-Entity Analysis: Current Status, Risks, and Development Prospects Assessment
-
4
Austria denied entry to Iranian official Mohammed Eslami after the UN Security Council rejected his request for a travel ban exemption.
-
5
ALIAS Coin: An In-depth Analysis of the Current State and Challenges of Privacy Coin Projects
-
6
Airbloc (ABL) Coin Value Analysis: Project Status and Investment Risk Assessment
-
7
HUM Coin Multi-faceted Analysis: Trading and Listing Platforms for Humanscape, Hum(AI)n Web3, and Hummus
-
8
WLKN Token Analysis: Solana-based Move-to-Earn Project and Its Value Considerations
-
9
Why is Bitcoin thriving but struggling to replace the US dollar's global dominance?
-
10
NCDT (nuco.cloud) Value Analysis and Investment Potential Assessment
Markets Today
Recommended Reading











