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AI Competition Cuts Estimated Cost of Quantum-Safe Bitcoin Transaction to $67

An open competition led by StarkWare, Yukon Research and Eigen Labs lowered the estimated cost of a quantum-safe Bitcoin transaction from about $320 to roughly $67, with AI models ranking highest on the leaderboards, Decrypt reported.

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AI Competition Cuts Estimated Cost of Quantum-Safe Bitcoin Transaction to $67

An open competition organized by StarkWare, Yukon Research and Eigen Labs reduced the estimated cost of creating a quantum-safe Bitcoin transaction from approximately $320 to about $67, according to Decrypt. The event challenged participants to develop more efficient approaches for protecting Bitcoin transactions against potential quantum-computing threats. AI models ranked at the top of the competition’s leaderboards as the cost estimate fell, highlighting the role of automated systems in optimizing cryptographic work. The result marks a substantial reduction in the resources estimated to be needed for a quantum-safe transaction, although the source does not provide details on a broader Bitcoin network rollout or any change to Bitcoin’s protocol. The development is relevant to BTC markets because it concerns the long-term security of Bitcoin transactions and the potential cost of quantum-resistant infrastructure.

Source Decrypt Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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