Bitcoin Enhances Security Against Quantum Threats and Solana Reduces Inflation Rate
- StarkWare’s Avihu Levy tested a quantum-resistant transaction on the Bitcoin mainnet, utilizing the Quantum Safe Bitcoin (QSB) scheme.
- Blockstream’s new Bitcoin Improvement Proposal aims to implement the SHRINCS signature scheme, reducing signature size by over 13 times but still larger than current signatures.
- Solana validators approved a proposal to cut inflation from an annual rate of 15% to a target of just 1.5% in approximately two and a half years, reducing issuance by nearly 19 million SOL.
- Public Citizen reported that Donald Trump’s digital asset ventures have left investors with losses totaling approximately $4.7 billion since last year.
- Bitcoin’s price increased by over 23% in the past week, with analysts predicting it could reach $125,000 in the next four-year cycle.
Recent advancements in blockchain security include Bitcoin’s efforts against quantum threats and Solana’s significant inflation reduction strategy, reflecting ongoing evolution within cryptocurrency networks.
As of now, Bitcoin trades at $78,420 following its recent rally while Solana prepares for reduced inflation rates aimed at stabilizing its economy. (Source)
