Researchers Propose Quantum-Safe Blockchain With 96-Byte Transactions
- —An on-chain transaction is three 32-byte hashes: a nullifier, a commitment and a 'degriefer'
- —Verifying a STARK ZK proof on a phone takes under 100 milliseconds
- —Front-running and griefing are blocked: without the owner's secret key no valid proof can be built
- —Wallets store proofs only for their own coins, so chain history does not affect proof size
Why it matters: The design shows that moving to post-quantum cryptography need not bring high fees and network bloat.
Source: Bitcoin.com