According to Decrypt, BTQ Technologies has completed the first runnable implementation of BIP 360 (Bitcoin Improvement Proposal 360) on its Bitcoin Quantum testnet v0.3.0, marking an early effort to introduce quantum-resistant transaction infrastructure into a live testing environment. BIP 360 introduces a new transaction format called Pay-to-Merkle-Root (P2MR), which restructures how on-chain transaction data is submitted, enabling the avoidance of public key exposure within specific transaction paths—thereby mitigating potential threats posed by quantum computers to existing cryptographic protections. BTQ states that P2MR remains compatible with frameworks such as the Lightning Network, BitVM, and Ark, while removing the key-path spending mechanism introduced by Taproot. The testnet is now connected to over 50 miners, has processed more than 100,000 blocks, and includes a full suite of wallet tools supporting the creation, funding, signing, and broadcasting of P2MR transactions.
BTQ Technologies Completes First Working BIP 360 Implementation on Bitcoin Quantum Testnet
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BTQ Technologies announced the first working implementation of BIP 360 on its Bitcoin Quantum Testnet v0.3.0, marking a significant on-chain update. The new Pay-to-Merkle-Root (P2MR) format conceals public keys in specific transaction paths, enhancing quantum resistance. The testnet now includes over 50 miners, more than 100,000 blocks, and full wallet support for P2MR. This Bitcoin update underscores progress in securing the network against future threats.
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