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Crypto

StarkWare researcher proposes way to block quantum attacks on bitcoin without soft fork

A StarkWare researcher has published a paper proposing a way to protect bitcoin transactions from quantum-computing attacks without a soft fork. The paper introduces “Quantum Safe Bitcoin,” or QSB, which aims to add quantum resistance using only existing legacy script constraints. It replaces elliptic-curve cryptography with a Binohash-based structure using one-time signatures and a new hash-to-signature puzzle. The author said the approach is costly, at about $75 to $150 per transaction.

Crypto

How Ethereum layer2 can differentiate from layer1? Starknet\'s privacy push in focus

Competition among Ethereum layer2 networks has entered a new phase as Vitalik Buterin puts more weight on strengthening layer1. That leaves layer2 chains needing to differentiate in areas Ethereum cannot or does not pursue. A key word Buterin highlighted is privacy. Crypto media Bankless pointed to Starknet, a layer2 developed by StarkWare, and its STRK20 standard that makes ERC-20 tokens private by default through a “privacy pool.”