QuFi Unveils Quantum-Resistant Verification Platform on Bitcoin Testnet
QuFi Network has launched a post-quantum verification platform to protect digital assets from future quantum computing threats. The platform separates verification from settlement, using a decentralized network of nodes to validate transactions with post-quantum cryptography before they are settled on existing blockchain networks.
The platform uses three post-quantum cryptographic standards, ML-DSA-65, SLH-DSA, and ML-KEM-1024, for digital signatures and secure key exchange. QuFi also launched uBTC, a proof-of-concept that applies the verification system to Bitcoin (BTC) and is currently operating on Bitcoin Testnet4.
The uBTC system verifies BTC collateral and generates cryptographic proofs governing how value moves between settlement environments, while redemptions ultimately settle as standard Bitcoin transactions. This approach aims to avoid the added storage, bandwidth, and computing demands that can come with adopting larger post-quantum signatures directly on individual blockchains.