Quantum Computing & Bitcoin
Exploring the intersection of quantum physics and cryptocurrency security
Introduction
BitcoinQ Quantum Computing Project
BitcoinQ is a community-driven quantum computing project with a 5-10 year timeline, aiming to raise 100-500 Bitcoins per year through crowdfunding to develop a quantum computer.
Project Goal
The primary goal is to upgrade approximately 4 million old Bitcoin addresses using P2PK (direct public key) to quantum-resistant addresses.
Potential Profits
50%, or 2 million Bitcoins, will be charged as a technical service fee. This fee will be distributed as follows:
- 50% of the technical service fee will be airdropped to crowdfunding participants
- 50% will be used as administrative fees
Vision
This project represents a pioneering effort to future-proof Bitcoin against quantum computing threats while creating a sustainable funding model for quantum computing research and development.
Timeline
5-10 years
R&D budget
100-500 BTC/year
Bitcoins to be protected
~4 million
Quantum Computing Security Council (QCSC)
About QCSC
The Quantum Computing Security Council (QCSC) is an initiative dedicated to addressing the security challenges posed by quantum computing to cryptographic systems, with a special focus on blockchain and cryptocurrency security.
Mission
Our mission is to develop quantum-resistant cryptographic standards, promote awareness about quantum threats, and facilitate the transition to post-quantum cryptography across the blockchain ecosystem.
Key Initiatives
- Research & Development: Funding and conducting research on quantum-resistant algorithms
- Standards Development: Creating industry standards for post-quantum cryptography
- Education & Awareness: Providing resources and training on quantum security threats
- Collaboration: Working with industry partners, academia, and government agencies
Contact
Get in Touch
For press inquiries, collaboration opportunities, or general questions about the BitcoinQ project, please contact us at:
We typically respond within 1-2 business days. For urgent matters, please include "URGENT" in the subject line.