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AI Agents Work to Reduce Cost of Quantum-Resistant Bitcoin Transactions

(6 days ago) · 1 source · Summarized by CryptoBipto

AI agents are reportedly being developed to optimize and lower the cost of implementing quantum-safe cryptographic methods for Bitcoin transactions. The effort aims to make post-quantum security practical and affordable for everyday Bitcoin use.

WHY IT MATTERS

Bitcoin's security relies on mathematical puzzles that are extremely hard for today's computers to solve. Quantum computers, a new type of computer still under development, could theoretically solve those puzzles much faster, which would threaten Bitcoin's security. To prepare for this, researchers are working on new types of encryption called 'post-quantum cryptography' — think of it as upgrading the locks on your doors before a new type of lockpick is invented. The problem is that these new locks are bigger and more expensive to use. AI agents, which are like smart software assistants that can work autonomously, are being used to find ways to make these upgraded locks smaller and cheaper so that Bitcoin can stay secure without becoming too expensive to use.

Quantum computing poses a long-term theoretical threat to the cryptographic algorithms that secure Bitcoin and other cryptocurrencies. Current public-key cryptography, such as the elliptic curve algorithms Bitcoin relies on, could eventually be broken by sufficiently powerful quantum computers.

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  • decrypt.co