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The Block (@TheBlockCo): THE BLOCK: Blockstream researchers have co-authored a draft BIP for SHRINCS, a post-quantum signature scheme designed for Bitcoin transaction authoriz…

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THE BLOCK: Blockstream researchers have co-authored a draft BIP for SHRINCS, a post-quantum signature scheme designed for Bitcoin transaction authorization. The proposal uses SHA-256 and targets 128-bit classical and 64-bit quantum security, though a security proof is still pending.

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