Loading cryptocurrency prices...

BTQ Unveils Quantum-Resistant Bitcoin Core, Shares Jump 20%

BTQ Technologies Shares Surge Following Quantum-Safe Bitcoin Demo

  • BTQ Technologies introduced Bitcoin Quantum Core 0.2, a version of Bitcoin designed to withstand quantum computer threats.
  • The system replaces Bitcoin’s traditional ECDSA signatures with ML-DSA, a quantum-resistant algorithm standardized by NIST.
  • BTQ saw its stock increase over 20% following the announcement of their quantum-safe Bitcoin demonstration.
  • The newly established BTQ Foundation will support the migration of Bitcoin users to quantum-secure systems and help set industry standards.
  • A roadmap aims for full quantum protection for Bitcoin by 2026, with enterprise pilots, security audits, and integration phases detailed.

BTQ Technologies has revealed the successful demonstration of Bitcoin Quantum Core 0.2, a version of Bitcoin equipped with technology to resist attacks from quantum computers. The company made the announcement on Thursday, stating the new system is designed to address risks that could impact the broader Bitcoin market.

- Advertisement -

The update implements the Module-Lattice Digital Signature Algorithm (ML-DSA), which replaces the Elliptic Curve Digital Signature Algorithm (ECDSA) currently used by Bitcoin. ML-DSA is recognized by the National Institute of Standards and Technology (NIST) for its quantum-resistant properties. Following this development, BTQ Technologies shares rose by more than 20% during midday trading.

According to Chief Executive Officer Olivier Roussy Newton, the move comes in response to the direct threat quantum computers pose to Bitcoin’s current security model. “The quantum threat to Bitcoin is an existential risk to the entire $2.4 trillion Bitcoin economy,” Newton stated. “Once quantum computers can break ECDSA signatures, every single transaction becomes vulnerable to interception and theft.”

The launch of the BTQ Foundation was also announced. The foundation, co-chaired by BTQ Technologies, will focus on funding development, creating migration paths for Bitcoin holders, establishing standards, and shaping consensus methods for quantum-resilient systems.

The company outlined a timeline targeting full quantum protection by 2026. Plans include a testnet launch and rigorous security audit by the fourth quarter of 2025, pilot programs with institutional digital asset managers in early 2026, and a mainnet release with migration tools by the second quarter of that year. Full integration with major exchanges and wallet providers is expected between 2026 and 2027.

- Advertisement -

At the time of the announcement, Bitcoin’s price had fallen to $108,000 midday on Thursday, while investor discussion about the cryptocurrency remained positive. Further details on broader sector developments are available in related updates, including Bitfarms Slides On $300 Million Offering After Rallying To Near 4-Year High, Retail Buzz Stays Elevated.

Previous Articles:

- Advertisement -

Latest News

Nvidia Eyes $200 Return Amid AI Growth and Strategic Deals

NVIDIA stock has encountered resistance near $200 but rose 5% over the last month...

JPMorgan Expands JPM Coin to Base, Eyes Retail and Multi-Currency Use

JPMorgan has launched its dollar-backed stablecoin, JPM Coin (JPMD), for institutional transfers on the...

Report: 16 Blockchains Have Built-in Fund Freezing Mechanisms

Sixteen blockchains have built-in fund freezing features, while 19 more can add this with...

Peraire-Bueno Bros Face Retrial in $25M Ethereum Fraud Case

Anton and James Peraire-Bueno face a potential retrial for alleged fraud and money laundering...

AMD Shares Surge 8% on Strong AI Data Center Growth Outlook

Advanced Micro Devices (AMD) expects a 60% increase in data center revenue over the...
- Advertisement -

Must Read

Top 10 Best Blockchain Games

If you want to know about the best blockchain games then read this article carefully. We listed the best games you can play and...