Paradigm Researcher Proposes PACT Model to Protect Bitcoin From Quantum Threats

CryptoFrontier
BTC0.27%
PACT0.02%

A Paradigm researcher has outlined a new model designed to protect dormant bitcoins, including those belonging to Bitcoin’s creator Satoshi Nakamoto, from potential quantum computing threats. Dan Robinson introduced what he calls “Provable Address-Control Timestamps” (PACTs), a proposal that would allow bitcoin holders to prove they controlled a wallet before quantum computing advances to the point of deriving private keys, according to Paradigm’s research.

How PACTs Work

The PACT model leverages timestamping systems already built into blockchain functionality. Holders would generate a proof demonstrating they control their bitcoin and timestamp it on the blockchain, creating an ownership record in the event of a future quantum attack. This proof could later be unlocked, allowing users to reclaim their funds on a future quantum-resistant version of Bitcoin.

Robinson’s proposal addresses a major challenge in quantum bitcoin security: protecting ownership and privacy of long-dormant bitcoin addresses. Under alternative proposals like BIP-361, developed by Casa’s chief security officer Jameson Lopp, there would be a multi-year migration window for wallets, exchanges, and custodians to upgrade to quantum-resistant technology before “sunsetting” legacy signatures. After that period, any coins that failed to migrate would become unspendable.

However, this creates a separate problem for dormant holders. Moving funds would reveal that the owner is still active and could potentially link the wallet to other addresses they control. The PACT model aims to avoid this dilemma by allowing users to prove ownership without broadcasting it onchain.

“This does not require Bitcoin to decide today whether a sunset is necessary,” Robinson wrote, according to the proposal. He noted the model gives users a way to prepare early, letting them “plant a seed now” in case protections are needed later.

Quantum Computing Threats and Timelines

As quantum computing advances, crypto users and developers must plan for how to defend against potential threats in parallel. Researchers behind BIP-361 warned that more than one-third of all bitcoins in circulation could be exposed to quantum attacks due to visible public keys.

Real-world demonstrations are beginning to show incremental progress. An independent researcher recently derived a 15-bit elliptic curve key using quantum hardware in what was described as the largest such attack to date, though Bitcoin relies on stronger 256-bit encryption.

Timelines for “Q-Day,” when quantum computers can break modern cryptography, vary depending on the source. Google researchers recently suggested a transition to post-quantum cryptography could be needed by around 2029, while others say practical attacks may still be years or decades away.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Rises 3% in 24 Hours, Takes Aim at $80,000 Amid Stock Rally and Oil Decline

Bitcoin rose nearly 3% over the past 24 hours, approaching the $80,000 level as equity markets gained and oil prices declined amid optimism surrounding Iran-related developments.

GateNews47m ago

Trader Opens $90M Leveraged Long Positions in BTC and ETH

Gate News message, trader 0x049b has opened 20x leveraged long positions on 586.68 BTC valued at $45.82M and 19,416 ETH valued at $44.67M. The liquidation price for BTC is set at $75,564.02, while ETH's liquidation price stands at $2,247.43.

GateNews1h ago

Bitcoin Faces New Headwinds From Inflation Data and Oil Market Spike

PCE inflation rose and Fed uncertainty pushed Bitcoin price down toward key support levels. Rising oil prices and geopolitical tensions increased inflation fears and market risk-off sentiment. ETF outflows and weak equities added pressure, though buyers defend Bitcoin near $75,000. Bitco

CryptoNewsLand2h ago

Bitcoin Climbs Above $78,000 on Saturday as Senate Clears Stablecoin Compromise

Bitcoin recovered from a midweek dip to $75,500 to climb above $78,000 by Saturday morning in Asia. The U.S. Senate's stablecoin yield compromise removed a key roadblock to crypto market structure legislation.

GateNews2h ago

Bitcoin Bottoming Zone at $59,000 Requires 6 Months, CryptoQuant Analyst Says

According to CryptoQuant analyst Axel Adler Jr on May 2, Bitcoin's true medium to long-term bottom may only establish once the price reaches $59,000, based on the Adjusted Realized Price Bands model. The analyst noted that the bottoming process is not short-term and will not complete within one to t

GateNews3h ago

Bitdeer Produces and Sells 186 BTC in Week Ending May 1, Holds Zero BTC

According to Bitdeer's official statement, as of May 1, the company produced 186 BTC this week and sold all 186 BTC, resulting in zero net increase in holdings. Bitdeer's self-held BTC position (excluding customer deposits) stands at zero.

GateNews3h ago
Comment
0/400
GateUser-5acb1e69vip
· 13m ago
nice information keep it up
Reply0
EchoOfL2vip
· 1h ago
Private timestamp + key proof, if this combination can be implemented, BTC from old addresses will be insured.
View OriginalReply0
LighthouseInTheMistvip
· 1h ago
Wait, how exactly is sunset old addresses implemented? Hard fork or soft upgrade? Can the community reach consensus?
View OriginalReply0
GateUser-8acf43davip
· 1h ago
Quantum threats are finally being taken seriously, and Paradigm's proposal is quite forward-looking.
View OriginalReply0