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Few people expected the Nigerian crypto economy to explode after the country’s central bank and financial regulators banned crypto trading. But it has, and it’s now the eighth-largest crypto market in the world, according to Chainalysis. It continues to grow thanks primarily to peer-to-peer exchanges like Paxful that allow bitcoin to flow easily without touching the banking system. Ray Youssef, the founder and CEO of Paxful, has already taken the exchange global and has worked this year to integrate new features – like Bitcoin’s Lightning network.
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Researchers at the privacy-centric blockchain startup say their multi-layer quantum defense will feature a soft fork to freeze and protect dormant BTC.
What to know:
- AmericanFortress has unveiled a patent-pending post-quantum signature scheme that aims to protect existing crypto assets, including dormant wallets, from future quantum attacks without mass fund migrations.
- The proposed protocol would use a backward-compatible soft fork and zero-knowledge proofs to freeze and secure vulnerable pre-BIP32 bitcoin addresses, such as Satoshi-era wallets,...
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