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20 Mar 2026, 06:15

Uniblock Secures $5.2 Million in Strategic Funding to Power Next-Generation Web3 Development

BitcoinWorld Uniblock Secures $5.2 Million in Strategic Funding to Power Next-Generation Web3 Development In a significant move for blockchain infrastructure, the Web3 API platform Uniblock has successfully raised $5.2 million in a strategic funding round. This substantial investment, confirmed on April 10, 2025, highlights growing confidence in the tools that power decentralized application development. Consequently, the platform is poised for accelerated growth. The funding round attracted notable participants including SBI Group, AllianceDAO, BFF, and NGC Ventures. This development signals a maturing phase for Web3 developer tools. Uniblock Funding Round Attracts Major Blockchain Investors The $5.2 million capital infusion represents a pivotal moment for Uniblock. Significantly, the investor consortium combines traditional finance and crypto-native expertise. SBI Group, a Japanese financial services giant, brings institutional weight. Meanwhile, AllianceDAO operates as a prominent Web3 accelerator and builder collective. Furthermore, BFF and NGC Ventures are established crypto investment firms. This blend indicates a broad validation of Uniblock’s business model. The platform provides unified APIs for blockchain interaction. Therefore, developers can integrate multiple chains without managing separate infrastructure. This solves a critical pain point in the fragmented Web3 ecosystem. Historically, blockchain development required deep technical knowledge of each network. Uniblock’s platform abstracts this complexity. For instance, a developer building a decentralized finance (DeFi) application can use one API call. This call can fetch wallet balances across Ethereum, Solana, and Polygon. The service handles the underlying node communication, rate limiting, and data formatting. As a result, teams save months of development time and operational overhead. The recent funding will likely expand these service offerings. Market analysts predict increased investment in blockchain middleware throughout 2025. The Evolving Landscape of Web3 Developer Tools The blockchain API sector has become increasingly competitive. However, Uniblock’s funding suggests it has carved a distinct niche. The platform emphasizes reliability, comprehensive chain coverage, and enterprise-grade support. Other providers often focus on a single blockchain or a narrower set of features. By contrast, Uniblock aims for a holistic solution. This strategy aligns with the industry’s multi-chain future. Most large-scale applications now interact with several blockchains. They do this to access different user bases, assets, and functionalities. For example, an NFT marketplace might list assets on Ethereum for prestige. Simultaneously, it could use Polygon for low-cost transactions. A unified API platform simplifies this architecture. The following table compares key aspects of the Web3 API provider landscape: Provider Focus Primary Chains Key Service Uniblock Multi-Chain Unified API Gateway Specialized Node Service A Ethereum, Layer 2s High-Performance Node RPC Specialized Node Service B Solana Optimized Data Indexing This multi-chain approach requires significant technical investment. The new capital enables Uniblock to scale its node infrastructure globally. It also funds research into new blockchain integrations. The platform must add support for emerging networks quickly. This is essential to maintain its value proposition. The funding round provides the necessary resources for this continuous expansion. Expert Analysis on Infrastructure Investment Trends Industry observers note a clear trend. Venture capital is shifting from consumer-facing dApps to foundational infrastructure. The 2024-2025 cycle shows increased deals for tools that enable other builders. Uniblock’s raise fits this pattern perfectly. Experts cite several reasons for this shift. First, infrastructure projects have clearer business models, often based on API usage fees. Second, they are less susceptible to the volatility of token markets. Third, they provide essential services regardless of which application gains popularity. “Investors are betting on the picks and shovels,” noted a fintech analyst from a major research firm. “While the most visible crypto projects are consumer apps, the real scalability bottleneck is developer experience. Platforms that lower the barrier to building on blockchain will capture tremendous value as the industry grows.” This perspective explains the confidence from investors like SBI and AllianceDAO. Their participation is not merely financial. It often includes strategic partnerships and integration pathways into larger ecosystems. Strategic Implications for the Broader Blockchain Ecosystem The successful fundraise has several immediate implications. For Uniblock, it means an ability to hire top engineering talent. It also allows for aggressive marketing to developer communities. For the market, it increases competition among API providers. This competition should lead to better features, lower costs, and improved reliability for all developers. Ultimately, the end-users of dApps benefit. They experience more robust applications with fewer errors and lower fees. Furthermore, the involvement of SBI Group is particularly noteworthy. Traditional finance institutions are methodically entering the Web3 space. They typically invest in regulated, B2B infrastructure plays rather than speculative assets. SBI’s backing lends considerable credibility to Uniblock. It signals that the platform meets stringent requirements for security, compliance, and operational stability. This could open doors to enterprise clients in banking and traditional tech who are exploring blockchain. The funds will likely be allocated across several key areas: Infrastructure Scaling: Deploying more nodes globally to reduce latency and increase redundancy. Product Development: Building new API endpoints for advanced data queries and real-time event streaming. Security Enhancements: Investing in audit, monitoring, and threat detection systems. Developer Outreach: Creating extensive documentation, code samples, and educational content. This roadmap focuses on long-term sustainability over rapid, unsustainable growth. Conclusion Uniblock’s $5.2 million funding round marks a significant validation of the Web3 API platform model. The participation of high-profile investors like SBI and AllianceDAO underscores the strategic importance of robust blockchain infrastructure. As the industry moves beyond speculation towards utility, tools that empower developers become critical. This investment will fuel Uniblock’s expansion, enhancing its multi-chain API services. Consequently, it will lower barriers for developers building the next generation of decentralized applications. The raise is a strong indicator of the maturing blockchain investment landscape, where foundational technology attracts serious capital. FAQs Q1: What is Uniblock’s primary service? Uniblock provides a unified Web3 API platform, allowing developers to interact with multiple blockchains through a single, simplified interface without managing individual node infrastructure. Q2: Who invested in Uniblock’s $5.2 million round? The round included participation from SBI Group, AllianceDAO, BFF, and NGC Ventures, combining traditional finance and crypto-native investment expertise. Q3: Why is this funding significant for the Web3 industry? It highlights a continued investment trend into blockchain infrastructure and “picks and shovels” developer tools, which are essential for building scalable and user-friendly decentralized applications. Q4: How does a unified API platform benefit developers? It drastically reduces development time and complexity by abstracting the differences between various blockchains, handling node management, rate limiting, and data formatting automatically. Q5: What will Uniblock likely use the new funding for? The capital is expected to fund global infrastructure scaling, product development for new API features, enhanced security systems, and expanded developer outreach and support programs. This post Uniblock Secures $5.2 Million in Strategic Funding to Power Next-Generation Web3 Development first appeared on BitcoinWorld .

20 Mar 2026, 06:10

Bitcoin BIP-110 Debate Erupts as F2Pool Co-founder Condemns Dangerous Ideological Shift

BitcoinWorld Bitcoin BIP-110 Debate Erupts as F2Pool Co-founder Condemns Dangerous Ideological Shift A prominent mining executive has ignited a fierce debate within the Bitcoin community, accusing staunch supporters of a core protocol proposal of fostering a damaging religious ideology that stifles progress. Wang Chun, co-founder of the global mining pool F2Pool, launched a pointed critique on social media platform X, targeting what he describes as a dogmatic faction within Bitcoin maximalism. His comments specifically address the ongoing controversy surrounding Bitcoin Improvement Proposal 110 (BIP-110), a technical upgrade that has become a symbolic battleground for the soul of the world’s first cryptocurrency. This clash highlights a fundamental tension between preserving Bitcoin’s original design and adapting it for a broader technological future. Bitcoin BIP-110 Proposal Sparks Core Philosophical Divide At the heart of the controversy lies BIP-110, a formal proposal to establish a Peer-to-Peer Encrypted Transport Layer for the Bitcoin network. Proponents argue this layer enhances privacy and security for node communication. However, the debate has transcended its technical merits. For many, BIP-110 represents a purity test. Supporters often view it as essential for maintaining Bitcoin’s decentralized and secure base layer, or “Layer 1.” Conversely, opponents frequently advocate for building scalability and complex functionality—like decentralized finance (DeFi)—on secondary networks, or “Layer 2” solutions like the Lightning Network. Wang Chun’s criticism centers on the rhetoric used by some BIP-110 advocates. He asserts they frame any alternative development path not just as inferior, but as a hostile attack. This framing, he argues, replaces technical discourse with moral condemnation. F2Pool Co-founder Wang Chun Issues Blunt Critique In his detailed social media post, Wang Chun, whose pool controls a significant portion of Bitcoin’s global hash rate, did not mince words. He stated that certain factions have transformed Bitcoin from a “revolutionary economic idea” into a “quasi-religious ideology.” This shift, according to Wang, has practical consequences. He claimed that attempts to discuss scalability or new functionality are often dismissed out of hand as “altcoin propaganda.” This defensive posture, he suggested, serves to conceal a lack of substantive innovation from within certain maximalist circles. Furthermore, Wang contrasted this stance with developments elsewhere in the blockchain ecosystem. He noted that while other sectors actively build DeFi applications, privacy tools, and payment infrastructure, some Bitcoin maximalists remain preoccupied with acting as “gatekeepers.” Their primary focus, he argued, seems to be maintaining a confrontational stance rather than solving tangible user problems like transaction costs or speed. The Historical Context of Bitcoin’s Governance Battles This is not Bitcoin’s first major ideological schism. The community has a long history of heated debates over its technical direction. The most famous example remains the “Blocksize War” of 2015-2017, a conflict over increasing the data limit per block to allow more transactions. That battle ultimately led to a hard fork, creating Bitcoin Cash. Similarly, the adoption of Segregated Witness (SegWit) in 2017 was a protracted and contentious process. These events established a pattern where technical upgrades become proxies for deeper philosophical disagreements about decentralization, security, and usability. The BIP-110 discussion fits squarely within this tradition. It raises familiar questions: Should Bitcoin’s base layer remain minimal and immutable, or should it evolve to incorporate more features directly? The table below summarizes key past and present debates: Debate Core Issue Outcome Blocksize War (2015-2017) Increasing transaction throughput on Layer 1 Hard fork creating Bitcoin Cash; Bitcoin retained small blocks. SegWit Adoption (2017) Fixing transaction malleability and enabling Layer 2 Activated after long debate; enabled Lightning Network. Taproot Upgrade (2021) Enhancing privacy and smart contract flexibility Successfully activated with broad consensus. BIP-110 / Layer 2 Focus (Present) Base layer utility vs. building on secondary layers Ongoing ideological and technical debate. Experts note that while past debates were often heated, the current discourse carries new stakes. The cryptocurrency landscape in 2025 is vastly more competitive. Ethereum and other smart contract platforms have captured significant market share in DeFi and NFTs. This external pressure intensifies internal discussions about Bitcoin’s role. Is it purely “digital gold,” or should it also be a platform for innovation? Wang Chun’s comments reflect a growing concern that ideological rigidity could leave Bitcoin behind. Analyzing the Impact on Bitcoin’s Development Trajectory The repercussions of this ideological clash extend beyond online arguments. Development momentum, investor perception, and miner alignment are all at play. Firstly, developer activity could be affected. Talented programmers may choose to work on more permissive chains if they feel their contributions to Bitcoin are met with ideological hostility rather than technical review. Secondly, the narrative impacts institutional adoption. Large entities considering Bitcoin for treasury reserves or payment systems may be wary of a community perceived as fractious and resistant to improvement. Finally, miners like F2Pool play a crucial role. They signal support for upgrades by running specific software. A divide between large mining pools and vocal community factions can lead to stagnation. Key points of impact include: Development Pace: Fear of community backlash may slow down or halt proposal submissions. Network Effects: A “walled garden” mentality could limit integration with broader fintech and Web3 ecosystems. Security Model: Over-reliance on a single, unchanged protocol could have unforeseen long-term security implications if cryptography advances. Industry analysts observing the situation stress the importance of separating zealotry from principled defense. Protecting Bitcoin’s core value propositions—decentralization, censorship-resistance, and sound monetary policy—is universally seen as critical. However, the method of that defense is now in question. Is it through absolute preservation of the status quo, or through careful, consensus-driven evolution that addresses real-world needs? The community’s answer will shape Bitcoin’s next decade. Conclusion The critique from F2Pool’s Wang Chun has sharply illuminated a persistent fault line in the Bitcoin community. The debate over BIP-110 and the broader philosophy of Bitcoin maximalism is fundamentally about governance and identity. While preserving the foundational principles that made Bitcoin revolutionary is paramount, the accusation that this preservation has morphed into a counterproductive religious ideology carries significant weight. The path forward likely requires balancing unwavering commitment to security and decentralization with a pragmatic openness to innovation, whether on Layer 1 or Layer 2. The resolution of this Bitcoin BIP-110 conflict will not only determine a technical outcome but also signal whether the community can navigate growth without succumbing to dogma. The health of the entire network may depend on its ability to engage in constructive, rather than confrontational, dialogue about its future. FAQs Q1: What is BIP-110? BIP-110 is a Bitcoin Improvement Proposal that suggests adding a native Peer-to-Peer Encrypted Transport Layer to the network’s protocol. Its goal is to enhance the privacy and security of communication between Bitcoin nodes. Q2: Who is Wang Chun and why is his opinion important? Wang Chun is the co-founder of F2Pool, one of the world’s largest Bitcoin mining pools by hash rate. As a major miner, his views carry weight because miners are responsible for securing the network and signaling support for protocol upgrades. Q3: What is Bitcoin maximalism? Bitcoin maximalism is a belief that Bitcoin is the only legitimate and necessary cryptocurrency. Maximalists typically argue that other digital assets are inferior, unnecessary, or even harmful, and that all value and innovation should accrue to the Bitcoin ecosystem. Q4: What are Layer 2 solutions? Layer 2 solutions are secondary frameworks or protocols built on top of a blockchain (Layer 1). For Bitcoin, the primary example is the Lightning Network, which enables fast, cheap micropayments by handling transactions off the main chain and settling periodically. Q5: How does this debate affect ordinary Bitcoin users? This debate influences the direction of Bitcoin’s development. If innovation is stifled, users may not see improvements in transaction speed, cost, or functionality. Conversely, if changes are made recklessly, it could compromise the security and stability that users rely on. The outcome shapes the utility and value proposition of Bitcoin itself. This post Bitcoin BIP-110 Debate Erupts as F2Pool Co-founder Condemns Dangerous Ideological Shift first appeared on BitcoinWorld .

20 Mar 2026, 06:00

Crypto Crackdown Intensifies: Canada Revokes 47 Licenses

Canada’s financial watchdog fined crypto platform Cryptomus $126 million last October after the company allegedly failed to flag suspicious transactions on 1,068 separate occasions in a single month. A month before that, crypto exchange KuCoin was handed a $14 million penalty for operating in Canada without registering as a foreign money services business. Those two cases now look like early warnings of what was coming. In the months since, the Financial Transactions and Reports Analysis Centre — better known as FINTRAC — has revoked 50 money services business registrations in 2026 alone. Forty-seven of those belonged to crypto-related firms. The latest round, announced Monday, cut 23 registrations in one move. Finance Minister Signals More Actions On The Way Finance Minister François-Philippe Champagne called the pace of enforcement “significantly increased” and said the government has no plans to slow down. “Our government will continue to monitor and pursue new measures to address risks posed by virtual currency businesses, such as cryptocurrency MSBs and crypto ATMs, which can be used to facilitate money laundering and fraud,” he said in a statement Tuesday. Any business that loses its registration has 30 days to request a review. Some may get reinstated. But the scale of the sweep — nearly 50 revocations in under three months — signals a shift in how Canada is policing the crypto sector. FINTRAC also said it is strengthening enforcement and increasing transparency around compliance actions, a move that suggests the agency wants its actions to serve as a public deterrent, not just a regulatory cleanup. What The Numbers Say About Crypto And Crime Canada’s crackdown comes at a time when the relationship between cryptocurrency and illicit finance is still hotly debated. The Financial Action Task Force estimates that between 2% and 5% of global GDP moves through illegal channels each year — almost entirely through traditional banking systems. Blockchain analytics firm Chainalysis puts the share of crypto transactions tied to illicit activity at under 1%. Those figures don’t mean crypto is clean. But they do raise questions about whether the sector is being held to a stricter standard than older financial industries. For now, Canada appears committed to its current direction. Officials have specifically called out crypto ATMs as a concern, suggesting future enforcement could extend beyond online platforms to physical kiosks scattered across the country. Businesses that aren’t in full compliance with registration and reporting rules have reason to take that warning seriously. Featured image from Unsplash, chart from TradingView

20 Mar 2026, 05:25

LumiWave Mainnet Launch: A Strategic Pivot Toward AI and Real-World Assets

BitcoinWorld LumiWave Mainnet Launch: A Strategic Pivot Toward AI and Real-World Assets The blockchain project LumiWave (LWA) has confirmed a pivotal technological shift, announcing its official independent mainnet will go live on April 1, 2025, following a decisive community governance vote. This transition from the Sui blockchain to a sovereign network marks a critical evolution for the project, fundamentally expanding its scope beyond its initial gaming roots. Consequently, the team now plans to build a multifaceted ecosystem incorporating artificial intelligence (AI) content generation and real-world asset (RWA) tokenization. LumiWave Mainnet Launch: From Proposal to Reality LumiWave formally announced its mainnet plans through a detailed post on the Medium publishing platform. The decision followed a successful decentralized autonomous organization (DAO) governance vote, where token holders approved the proposal to initiate the transition. This community-driven process underscores a growing trend in Web3, where major protocol upgrades require direct stakeholder consent. The vote itself concluded in late February 2025, with a significant majority favoring independence. The project’s development team subsequently entered a final testing and audit phase for the new network code. Independent security firms are currently reviewing the mainnet’s core protocols to ensure stability and safety before the public launch. This meticulous approach aims to mitigate risks associated with new blockchain deployments, which often face initial technical challenges. Strategic Expansion Beyond Gaming The launch of an independent mainnet provides LumiWave with the foundational control necessary for its ambitious roadmap. Initially conceived with a single-game-focused mechanism, the project is strategically pivoting to host multiple intellectual properties (IPs). This expansion mirrors a broader industry movement where gaming platforms evolve into comprehensive entertainment and utility hubs. Furthermore, the integration of artificial intelligence represents a forward-looking component of its strategy. The team intends to leverage AI for dynamic content creation, personalized user experiences, and potentially, automated asset management within its ecosystem. Most significantly, the roadmap highlights real-world asset (RWA) tokenization as a core pillar. This involves creating digital tokens backed by tangible assets like commodities, real estate, or financial instruments, bridging decentralized finance with traditional markets. Building a New Economic Structure The move to an independent chain is primarily driven by the need for a customized economic structure. On a shared layer-1 blockchain like Sui, projects must operate within the constraints of the base layer’s transaction fees, tokenomics, and governance. By launching its own mainnet, LumiWave gains direct control over these critical parameters. The team can design transaction fee mechanisms, inflationary or deflationary token models, and staking rewards specifically tailored to its multi-faceted ecosystem. This autonomy is essential for sustainably supporting diverse applications, from high-frequency gaming transactions to longer-term RWA locking periods. Experts note that such a transition, while complex, can enhance a project’s long-term viability by aligning its token utility directly with its operational costs and revenue streams. The Technical and Market Implications Technically, migrating from an existing blockchain to an independent network presents considerable challenges. The process typically involves a snapshot of existing token holder balances on the original chain, followed by the distribution of new native tokens on the mainnet. Users must often bridge assets or migrate liquidity, a process that requires clear communication and robust tooling to prevent user error or loss. From a market perspective, successful mainnet launches often serve as positive catalysts, signaling technical maturity and long-term commitment. However, they also introduce new variables, such as the potential for increased token supply inflation from new validator rewards or staking mechanisms. The broader Sui ecosystem may experience a short-term reduction in activity, but the departure of a major project could also reallocate development resources and focus within the network. Context Within the 2025 Blockchain Landscape LumiWave’s announcement occurs within a specific context in early 2025. The blockchain industry continues to emphasize real-world utility and regulatory compliance, especially concerning RWA tokenization. Projects that successfully integrate traditional finance elements are attracting significant institutional interest. Simultaneously, the convergence of AI and blockchain remains a high-growth exploration area, with numerous protocols experimenting with decentralized data markets and AI model training. LumiWave’s plan to incorporate both positions it at the intersection of two major technological trends. Its success will likely depend on execution—specifically, securing high-quality IP partnerships, developing compliant RWA frameworks, and implementing AI tools that provide genuine user value rather than superficial features. Conclusion The upcoming LumiWave mainnet launch on April 1 represents a definitive strategic upgrade for the project. Transitioning from a single-application token on Sui to the native currency of a dedicated blockchain enables unprecedented control over its economic and technological direction. The expanded focus on multiple IPs, AI content, and real-world asset tokenization reflects a deliberate shift towards building a more complex and utility-driven ecosystem. The project’s future now hinges on its ability to execute this technical migration seamlessly and deliver on its ambitious multi-pronged roadmap, potentially setting a new standard for integrated blockchain platforms. FAQs Q1: What is the LumiWave mainnet launch date? The official launch date for the independent LumiWave mainnet is April 1, 2025. Q2: Why is LumiWave leaving the Sui blockchain? The project is transitioning to an independent mainnet to gain full control over its economic structure, transaction fees, and governance, which is necessary for its planned expansion into AI and RWA tokenization. Q3: What will happen to my existing LWA tokens on Sui? Typically, a snapshot of holdings is taken, and new native tokens are distributed on the new mainnet. Users will need to follow official migration instructions from the LumiWave team to swap their tokens. Q4: What does RWA tokenization mean for LumiWave? Real-world asset (RWA) tokenization involves creating digital tokens on the blockchain that represent ownership of physical assets, like real estate or commodities, aiming to bring traditional finance onto the platform. Q5: How was the decision to launch the mainnet made? The decision was approved through a DAO governance vote, where holders of the LWA token voted on the proposal to transition to an independent network. This post LumiWave Mainnet Launch: A Strategic Pivot Toward AI and Real-World Assets first appeared on BitcoinWorld .

20 Mar 2026, 05:20

FBI warns of fake Tron tokens in new crypto phishing scheme

The Federal Bureau of Investigation (FBI) has warned that fraudsters are circulating fake tokens on the Tron blockchain while posing as the agency, in an apparent attempt to extract sensitive personal information from users. According to a notice shared by the FBI’s New York Field Office , the tokens appear in wallets with messages that claim the recipient is under investigation for anti-money laundering violations. Users are then instructed to complete a verification process through an external website, framed as necessary to avoid a complete freeze of their assets. Authorities have made clear that these requests are fraudulent and should be ignored. Crypto scammers prey on urgency Messages embedded within the token’s transaction data, visible via blockchain explorers, carry urgent language designed to pressure recipients into quick action. One such prompt warns users to comply with verification requirements “to avoid a total block on your assets,” while the linked website suggests that “current sanctions” can be avoided if personal details are submitted immediately. Officials say the tactic mirrors common phishing schemes that rely on urgency and fear to compromise victims. “FBI New York encourages users of the Tron blockchain network to exercise caution if they encounter a token purported to be from the FBI,” the office said in its post. “Do not provide any identifying information to any website associated with such [a] token.” Data from Tronscan indicates that the token flagged by authorities was created just over a week ago and is already present in 728 wallets. Several of those addresses reportedly hold more than $1 million in USDT, raising concerns about the scale of potential exposure among higher-value accounts. The approach appears tailored to exploit perceptions around regulatory scrutiny, particularly as the Tron network has, at times, been linked to illicit financial activity, including sanctions evasion and trafficking related flows. By invoking law enforcement authority, scammers may be attempting to trigger compliance from users worried about potential investigations. The FBI has urged anyone who may have interacted with the token or shared personal information to report the incident through its Internet Crime Complaint Center. Officials also reiterated that the FBI does not issue tokens to the public or request personal information through blockchain-based messages, noting that any such claim should be treated as suspicious. FBI launched a fake crypto token The irony of this situation is not lost on industry observers, as it follows a high profile undercover operation from late 2024 where the FBI actually did create its own cryptocurrency. During the sting operation known as Operation Token Mirrors , investigators launched a token called NexFund AI on the Ethereum blockchain to identify market manipulation. The project was designed to act as a bait, allowing authorities to observe coordinated wash trading and other illicit practices, ultimately leading to multiple charges against those involved. The post FBI warns of fake Tron tokens in new crypto phishing scheme appeared first on Invezz

20 Mar 2026, 05:00

BTQ Unveils First Bitcoin Upgrade Testnet Designed To Thwart Quantum Attacks

BTQ Technologies moved a key Bitcoin (BTC) security proposal from theory to practice on Thursday, releasing Bitcoin Quantum testnet v0.3.0 with the first working implementation of Bitcoin Improvement Proposal 360 (BIP 360). The upgrade—aimed at making Bitcoin transactions resistant to future quantum-computing attacks—gives developers, miners, and researchers a live environment to test how quantum-resistant transactions would function on a running network. How Bitcoin Could Shield Keys From Quantum Attacks BIP 360, also known as Pay-to-Merkle-Root (P2MR), was merged into Bitcoin’s official BIP repository earlier this year but remains a draft proposal within the broader Bitcoin ecosystem. BTQ’s testnet release delivers the first functional implementation of that proposal, enabling participants to create, fund, sign, and spend P2MR transactions and observe the full lifecycle from mempool acceptance through broadcast and confirmation. Related Reading: Sen. Lummis Predicts Crypto Market Structure Markup In April, Senate Passage By Year-End The importance of BIP 360 stems from a long‑term cryptographic risk: in a future where quantum computers reach sufficient capability, exposed public keys on-chain—an outcome of Taproot’s key-path spend design—could be vulnerable to attacks leveraging Shor’s algorithm. Taproot, activated on Bitcoin back in 2021, underpins many advanced features and scaling efforts for the protocol, but its reliance on on-chain public keys creates a potential attack surface in a quantum-enabled world. P2MR addresses this by committing directly to the Merkle root of a script tree rather than relying on an internal key or tweak, preserving Taproot’s scripting flexibility while removing the key-path mechanism that could expose public keys. Devs Can Now Test Quantum‑Safe BTC Transactions BTQ’s Bitcoin Quantum testnet v0.3.0 implements full P2MR consensus rules, including SegWit version 2 outputs with bc1z (bech32m) address encoding, Merkle root commitment verification, and control block validation. The release also enables all five Dilithium post‑quantum signature opcodes within the P2MR tapscript context, providing real quantum-resistant signature verification inside the script tree. To support developer workflows, BTQ included end-to-end command-line wallet tooling and full RPC wallet support so users can perform the complete P2MR transaction flow on testnet. BTQ And CEO’s Warnings Olivier Roussy Newton, BTQ’s CEO and chairman, framed the launch as a practical advance for industry preparedness. “BIP 360 represents the Bitcoin community’s most significant step toward quantum resistance, and we’ve turned it from a proposal into running code,” he said. The company further said the testnet’s live validation—covering address creation, funding, transaction construction, signing, mempool acceptance, broadcast, and confirmation—gives implementers and auditors the chance to observe how P2MR operates end to end. It also signaled that BIP 360’s implementation is network-activated across Bitcoin Quantum’s testing environments, ensuring the feature is available to anyone participating in the testnet. Related Reading: XRP Price Projections Soar To $15-$30 On CLARITY Act Prospects And Bank Adoption However, the firm warned that waiting until a quantum-capable adversary emerges would be risky, and urged the industry to move beyond purely theoretical discussion. “The industry can’t afford to treat quantum resistance as a theoretical exercise,” Newton said, adding: BIP 360 was a landmark proposal, and we’ve turned it into a landmark implementation. Every developer, researcher, and institution that wants to understand how quantum-safe Bitcoin actually works now has a live network to test against. At the time of writing, BTC was trading at $69,534, having recorded losses of 3% in the past 24 hours after testing the $76,000 resistance wall earlier this week. Featured image from OpenArt, chart from TradingView.com