Quantova Deploys Post-Quantum Threshold Encryption as Industry Report Warns Millions of Bitcoin May Be Quantum Vulnerable

Image credit: Quantova Inc.

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Quantova has implemented a post-quantum threshold encryption system to address vulnerabilities posed by future quantum computing attacks, as highlighted by a Coinbase-backed report estimating up to 7 million Bitcoin could be at risk. This system, using NIST-standardised cryptographic methods, eliminates reliance on elliptic curve cryptography, which is susceptible to quantum threats. This development is significant as it aims to future-proof blockchain security against advancing quantum computing capabilities.

Press Release

Wellington - June15, 2026

As a new Coinbase-backed industry report estimates up to 7 million Bitcoin may be vulnerable to future quantum computing attacks, Quantova, a postquantum Layer-1 blockchain network approaching testnet launch, has confirmed that its Quantova Threshold Encryption (QTE) system operates entirely on post-quantum cryptographic primitives — specifically ML-KEM-768, a module lattice-based key encapsulation mechanism standardized by the National Institute of Standards and Technology (NIST) in 2024 — with no elliptic curve dependencies in its security architecture.

The report arrives as the broader blockchain industry confronts a widening quantum security gap. Most existing threshold cryptography systems — used to secure multi-party custody arrangements, bridge validators, and governance keys across major networks — rely on BLS12- 381, a pairing-based elliptic curve vulnerable to Shor’s algorithm, the same quantum computing technique that threatens Bitcoin’s transaction signing keys. Unlike signature schemes, pairingbased cryptography carries no direct post-quantum replacement, creating a structurally more complex migration challenge for networks that launched on these foundations.

“The question is not whether quantum computers will eventually break elliptic curve cryptography — it is whether the infrastructure being built today will require a migration when they do. Quantova was designed so that it will not.”

— Founder, Quantova

QTE combines ML-KEM-768 key encapsulation with Shamir secret sharing over GF(2⁸) and ChaCha20-Poly1305 authenticated encryption — eliminating BLS12-381 and all pairing-based assumptions from the threshold layer. This architectural decision, made at genesis rather than as a retrofit, means the system carries no migration requirement as quantum computing capabilities advance. QTE operates alongside Quantova’s broader post-quantum stack, which implements Dilithium, Falcon, and SPHINCS+ signature schemes under a unified, scheme-agnostic account model — all standardized by NIST.

Reused Bitcoin addresses have already exposed their public keys on-chain, making them identifiable targets for future quantum attacks irrespective of when capable hardware arrives. Quantova’s architecture was designed with this threat model in mind from the outset. Full technical documentation for the QTE system and the broader Quantova protocol stack is publicly available at quantova.org and github.com/Quantova. Source code is published under a source-available license. A public testnet launch is expected to follow, with further timelines to be announced.

Notes to editors

About Quantova Quantova is a post-quantum Layer-1 blockchain network building quantum-resistant cryptographic infrastructure for decentralised systems. The protocol implements NISTstandardized post-quantum algorithms at every layer of the stack, with no elliptic curve dependencies in its security path. Technical documentation and source code are available at quantova.org and github.com/Quantova

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