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Stand together, fight against quantum attacks!
MicroCloud Hologram will invest $400 million to upgrade the Bitcoin protocol to resist quantum attacks
Nasdaq-listed company MicroCloud Hologram announced that it will invest $400 million to upgrade the Bitcoin protocol to defend against quantum attacks. The company plans to develop a post-quantum protocol based on a multi-layer hybrid encryption architecture on top of the existing Bitcoin transaction structure, introducing a parallel verification mechanism to validate post-quantum signature algorithms as well as traditional signature algorithms. Under this framework, users can choose to use both ECDSA and post-quantum signature algorithms for dual signatures, thereby achieving secure redundancy before quantum threats fully emerge. It is reported that this hybrid signature strategy not only strengthens the system’s resilience to attacks, but also provides sufficient transition time for network upgrades, avoiding systemic risks caused by one-time replacement. (PRNewswire)$ETH
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