Bitcoin BTC Quantum (BTQ): A Quantum-Resistant CryptocurrencyBTQ is a state-of-the-art cryptocurrency, blending Bitcoin's trusted economic framework with advanced quantum-resistant security measures. It maintains a total supply of 21 million units, echoing Bitcoin’s limited availability. BTQ differentiates itself by employing a dual-mining approach: it utilizes the CPU-friendly RandomX algorithm and extends support to GPU mining with Cryptonight cn/0. This combination makes mining more inclusive and reduces the risk of hardware centralization. The emission of BTQ is uniquely planned over approximately 1000 years, with a 5% decrease in block rewards every 525,600 blocks, fostering long-term sustainability and market stability. Furthermore, BTQ is advancing its technology with the development of a Proof-of-Stake system, positioning itself to remain resilient and efficient in the evolving landscape of blockchain technology amidst quantum computing developments.
What is BTQ ?BTQ is a cutting-edge Bitcoin ledger designed to withstand quantum computing threats by incorporating Extended Merkle Signature Scheme (XMSS) technology. This stateful, hash-based signature scheme enhances BTQ's security, making it quantum-resistant and ensuring that transactions remain secure against potential quantum attacks. By using XMSS, BTQ provides a robust platform for Bitcoin transactions, safeguarding them with one-time signatures and forward secrecy. Ideal for future-proofing against advancements in quantum computing, BTQ stands as a resilient and efficient solution in the evolving landscape of blockchain technology.
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https://docs.bitcoinq.xyz/btq-whitepaperWhat is XMSS ? XMSS, which stands for Extended Merkle Signature Scheme, is a cryptographic signature method that is part of a group known as stateful hash-based cryptographic signatures. These types of signatures are significant because they offer security proofs against attacks using quantum computers, making them quantum-resistant.
The "stateful" aspect of XMSS refers to the fact that it must keep track of which parts of its internal state (specifically, which key pairs) have been used for signing, to ensure that each key is only used once. This is crucial because reusing keys can compromise the security of the system.
XMSS uses a combination of cryptographic hash functions and a tree structure similar to a Merkle tree to generate a large but finite number of one-time signatures from a single key pair. Each time a signature is created, a part of this tree is used, and the state is updated to reflect what has been utilized.
How to mining ?BTQ embraces a hybrid mining approach, utilizing the CPU-friendly RandomX Proof-of-Work alongside GPU mining with the Cryptonight cn/0 algorithm. This combination ensures accessibility and efficiency, allowing miners to use both CPUs and GPUs to contribute to network security. RandomX is optimized for CPU performance, making it inclusive for miners without specialized hardware. Cryptonight cn/0 extends compatibility to GPU rigs, broadening participation and enhancing the decentralization of mining efforts. Together, these technologies support BTQ’s vision of a secure, quantum-resistant, and inclusive mining ecosystem.
Guide to Mine BTQ with XMRig: https://docs.bitcoinq.xyz/basic-tutorial/guide-to-mine-btq-with-xmrigThis method is seen as a strong candidate for post-quantum cryptography, which aims to develop cryptographic systems that remain secure even in the presence of powerful quantum computers. It has been standardized for certain applications, including by the Internet Research Task Force (IRTF) and the Internet Engineering Task Force (IETF) in RFC 8391.
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BTC Quantum (BTQ) is a new cryptocurrency designed to combine the reliable features of Bitcoin with advanced quantum-resistant security, promising a secure and sustainable cryptocurrency solution for the future. Here are some highlights and key features of Bitcoin Quantum:
1. Quantum-resistant InfrastructureBTQ is developed with the aim of providing a higher level of security against threats from quantum computing. This currency uses quantum-resistant cryptography to ensure the security of user transactions and assets.
2. Dual Mining AlgorithmsBTQ adopts a dual mining approach, utilizing both CPU and GPU. The RandomX algorithm is optimized for CPU use, while Cryptonight cn/0 is chosen for GPU, enhancing efficiency and fairness in mining processes.
3. Preventing Centralization of PowerBTQ focuses on minimizing the risk of mining centralization, a problem observed in many other blockchain networks. This approach aims to create a more diverse and decentralized mining environment.
4. Total Supply and EmissionThe total supply of BTQ is 21 million units, similar to Bitcoin. This helps maintain value and prevent inflation. Every 525,600 blocks, the BTQ block reward decreases by 5%, promoting long-term stability and sustainability in the market.
5. Public Addresses and Asset ManagementBTQ's public addresses start with the letter "Q" to emphasize its distinction from traditional Bitcoin. Users can manage their assets through the BTQ Web Wallet, an easy-to-use web interface that allows for secure transactions and asset management.
6. Strong Support for NodesBTQ supports the setup and operation of individual nodes, ensuring decentralization and enhancing security for the network. BTQ node IP addresses are widely distributed globally, optimizing network speed and reliability.
Bitcoin Quantum is not just a cryptocurrency but a step forward in blockchain technology development, aimed at addressing current and future challenges in the cryptocurrency industry. With a combination of tradition and innovation, BTQ promises to become a significant asset in the portfolios of investors and cryptocurrency users.
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