Bitcoin’s quantum problem gets a recovery tool, but not for Satoshi’s 1.1 million coins
CoinDesk·
60-second summary
Project Eleven has successfully funded a proof that enables a wallet's own key-derivation path to serve as ownership after quantum computers can forge signatures, a significant breakthrough in addressing Bitcoin's quantum problem. This innovation runs in 243 milliseconds on a laptop, providing a crucial recovery tool, but it doesn't directly address the security of Satoshi's 1.1 million coins.
Project Eleven says it has funded a proof that lets a wallet's own key-derivation path stand in as ownership after quantum computers can forge its signatures. It runs in 243 milliseconds on a laptop.