They send “outdated” bitcoins to a test wallet

  • The team behind QBTC also develops a specialized Wallet.

  • An investor and cryptocurrency analyst received 100 QBTC, token native to the Sidechain.

On July 9, the Joe Ross cryptocurrency investor shared in X that He received 100 QBTC on an anti-chanting wallethighlighting the ability to perform post-chanting transactions from your mobile phone.

QBTC, the native token of the Sidechain homonym developed by the team Quantum Safe Bitcoin, It operates with a 1: 1 support with Bitcoin (BTC)linking each QBTC to a BTC in the main layer. In this way, it can be said that this test wallet, which would be resistant to quantum, received the equivalent of 100 BTC, a quantity quoted at almost 12 million dollars today.

While the QBTC network is in the test phase as a Testnetallows developers and users Try transactions using QBTC Walleta desktop wedding that works in “all websites.”

QBTC Wallet.
Ross received 100 QBTC coins. Fountain: Joe Ross/ x.

Post-quantic cryptography in QBTC

The objective of the QBTC network is to implement quantum computing cryptography, anticipating the potential computers threat with that technology capable of breaking algorithms such as ECDSA (Elliptical curve digital signature algorithm), used in Bitcoin to sign transactions and verify private keys.

This lateral chain, of open sourceworks with its own consensis mechanism resistant to quantum attacks, based on work proof (POW).

QBTC Sidechain uses cryptography based on Reticlesknown as ML-DSA, to protect Wallet transactions and keys against the computational power of quantum computers.

Operating next to the Mainnet From Bitcoin and anchored to his consensus of proof of work, QBTC maintains the decentralization and security characteristics of the protocol.

With its approach resistant to quantum attacks, QBTC could be an alternative for Bitcoin users To transition to post-chantic solutions Before such threats are viable, preserving the integrity of their assets into a trial environment.

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