Blockstream Highlights SHRINCS Draft BIP in Q3 Update

Blockstream’s Nov. 5 third-quarter update said the company had advanced SHRINCS, a hash-based signature scheme, to a draft Bitcoin Improvement Proposal. The step adds a proposal-stage development to the company's work on preparing Bitcoin (BTC) for future quantum-computer attacks.

The update also included hardware-wallet testing as a separate post-quantum development.

Blockstream's view on Falcon-1024 remained unchanged from its Aug. 26 research post, which identified it as the leading lattice-based candidate. TokenPost previously covered Blockstream's Falcon-1024 assessment.