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🇮🇳 BANGALORE | 27th June | Recap ⚠️
🧠 TOPIC: The Quantum Era & Pow Chain 🧠
👇 Our first event in Bangalore! We're super excited to be expanding, driving important discussions and growing our community!
Big thank you to:
🗣️ Our hosts: Arun Jangra (@ocdbytes), Elton Yeo & Harpalsinh Jadeja (@harpaljadeja)
👉 Our sponsor: @monad Foundation
🔜 Want to get involved with the WPRC?
Find our summaries here: https://t.co/7zVf7Lx2gj
Follow us on LinkedIn: https://t.co/CRnQ3jDOnn
Want to join future events? https://t.co/FYyE1MXjX2
Thank you Arun Jangra for leading the discussion! It was an amazing discussion and we've been thinking of doing this for a while :) Really appreciate Monad Foundation, Elton Yeo & Harpalsinh Jadeja for giving us the incredible space Zo House!
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🗣️ TOPIC OVERVIEW:
1. PQ Migration of @Bitcoin & @ethereum addresses:
🔐 A quantum-safe upgrade path for crypto: Introduces a framework to migrate Bitcoin and Ethereum wallets from vulnerable elliptic-curve cryptography to post-quantum ML-DSA signatures before quantum computers become a real threat.
🛡️ Two migration paths based on wallet exposure: Uses dual-signatures for wallets whose public keys are already on-chain, and zero-knowledge proofs (zkSTARKs) to migrate hidden-key wallets without ever revealing their public keys.
🌉 Works across both Bitcoin and Ethereum: The framework adapts to each chain's architecture while remaining backward-compatible, with Ethereum deployable today and Bitcoin requiring future protocol upgrades.
⚡ Balances security with usability: Combines zkSTARKs, ML-DSA, and minimal on-chain changes to protect assets against quantum attacks while preserving privacy and enabling a smooth migration process.
2. Nockchain: A Distributed Market for Verifiable Computation:
⛏️ Turns mining into useful work: Nockchain replaces traditional hash-based mining with Zero-Knowledge Proof-of-Work (ZK-PoW), where the energy spent securing the network also produces verifiable computation.
🤖 Built for AI and computation markets: The long-term vision is for miners to earn rewards by proving real workloads—such as AI inference and matrix multiplication—instead of performing wasted hashing.
🔒 Fixes a major weakness in earlier ZK-PoW chains: Introduces "single-witness hardness" to prevent miners from reusing proof work across attempts, closing the loophole that undermined previous designs like Aleo.
🌐 A new blockchain architecture from the ground up: Combines a UTXO-style settlement model, a lightweight virtual machine (NockVM), and zero-knowledge proofs to create a programmable network for decentralized, verifiable computation.
#Blockchain #WPRC #IndiaChapter
@panglima_crypto@CoinfestAsia Sounds like you had a great time at CoinFest! If you're around the region again this year — we're running a 1 month long founder residency in Phuket this August (Zo House x @ZostelHostel ).