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.
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Project Eleven Launches "Bitcoin" Proof-of-Ownership Solution for Wallets Following Q-Day
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