Delphi Digital has published an in-depth research report on BTQ Technologies and its Bitcoin Quantum initiative, validating the company’s efforts to mitigate the emerging quantum threat to Bitcoin and the broader crypto ecosystem. The report details Bitcoin Quantum as a “quantum canary” network—a Bitcoin-compatible system built on Bitcoin Core—designed for real-world testing of NIST-standardized post-quantum signatures, including ML-DSA, and quantum-native proof-of-work. This parallel, quantum-safe architecture provides a live, production-grade testbed for institutional migration playbooks, addressing the accelerating risk posed by quantum computing to ECDSA-secured systems like Bitcoin and Ethereum.
Bitcoin Quantum as a Quantum-Safe Network
BTQ Technologies is developing Bitcoin Quantum as a “quantum canary” network, a parallel Bitcoin-compatible system built on Bitcoin Core. This network is designed to test NIST-standardized post-quantum signatures – including ML-DSA, Dilithium, Falcon, and SPHINCS+ – and quantum-native proof-of-work without impacting the main Bitcoin network. The initiative addresses the accelerating threat quantum computing poses to current ECDSA-secured systems like Bitcoin, potentially enabling “harvest now, decrypt later” attacks.
The Delphi Digital report highlights BTQ’s focus on enabling institutions to rehearse migrating assets to quantum-safe address formats. This includes UTXO migration rehearsals, fee and latency modeling, and hardware wallet integration testing, offering a documented process for real-world conditions. BTQ’s architecture and tools are also applicable beyond Bitcoin, extending to Ethereum and stablecoin infrastructure via initiatives like the Quantum Secure Stablecoin Network (QSSN).
BTQ’s Bitcoin Quantum implementation has demonstrated a quantum-safe system by replacing Bitcoin’s ECDSA signatures with ML-DSA, completing wallet creation, transaction signing, and verification. Delphi Digital’s analysis reinforces BTQ’s position as a pioneer in quantum-safe crypto infrastructure, supporting its strategy to move Bitcoin Quantum to testnet and mainnet, and ultimately define “quantum readiness” standards for institutional digital asset exposure.
Addressing the Accelerating Quantum Threat
BTQ Technologies is addressing the accelerating quantum threat to cryptocurrencies with its Bitcoin Quantum initiative. Delphi Digital’s research highlights the potential for Shor’s algorithm to compromise ECDSA-secured systems like Bitcoin, enabling “harvest now, decrypt later” attacks. Bitcoin Quantum functions as a “quantum canary” – a parallel, Bitcoin-compatible network built on Bitcoin Core – allowing for real-world testing of NIST-standardized post-quantum signatures like ML-DSA, without risking the main Bitcoin network.
The company is focused on providing institutions with migration playbooks, including UTXO migration rehearsals and fee/latency modeling. This allows exchanges, custodians, and asset managers to prepare for a transition to quantum-safe address formats. BTQ is also researching quantum-native proof-of-work, based on boson sampling, as a potential long-term solution for energy-efficient and quantum-resilient consensus mechanisms, moving beyond classical hash-based puzzles.
BTQ’s quantum-safe stack isn’t limited to Bitcoin; it’s applicable to Ethereum and stablecoin infrastructure, demonstrated by its Quantum Secure Stablecoin Network (QSSN). Delphi Digital’s report reinforces BTQ’s strategic positioning as a pioneer, with plans to advance Bitcoin Quantum to testnet and mainnet, and to establish “quantum readiness” standards for institutional investors, insurers, and regulators assessing digital asset exposure.
BTQ’s Strategy for Quantum-Safe Infrastructure
BTQ Technologies is focused on addressing the emerging quantum threat to Bitcoin and the broader crypto ecosystem with its Bitcoin Quantum initiative. This network functions as a “quantum canary,” a parallel, Bitcoin-compatible network built on Bitcoin Core, allowing for real-world testing of NIST-standardized post-quantum signatures like ML-DSA. BTQ aims to move quantum risk from an uninsurable event to a manageable cost by providing a production-grade, quantum-safe Bitcoin environment for institutions.
Delphi Digital’s research highlights BTQ’s work on migration playbooks for institutions, focusing on UTXO rehearsals, fee/latency modeling, and hardware-wallet integration. The company is also researching quantum-native proof-of-work based on boson sampling, seeking long-term energy-efficient consensus mechanisms. This approach extends beyond Bitcoin, with BTQ’s Quantum Secure Stablecoin Network (QSSN) demonstrating applicability to stablecoins and DeFi infrastructure.
BTQ’s strategy includes advancing Bitcoin Quantum to testnet and mainnet, with the goal of establishing a reference implementation for quantum-safe Bitcoin. Furthermore, the company intends to expand its quantum-safe stack to stablecoins, exchanges, and custodians. A key component of this strategy is providing the data and tooling needed for regulators and institutional investors to define and validate “quantum readiness” standards for digital asset exposure.
Migration Playbooks and Ecosystem Applicability
BTQ Technologies is developing Bitcoin Quantum as a “quantum canary” network, designed to proactively address the emerging quantum threat to Bitcoin and the broader crypto ecosystem. This parallel network, built on Bitcoin Core, allows for real-world testing of NIST-standardized post-quantum signatures – like ML-DSA – and quantum-native proof-of-work without risking the main Bitcoin network. Crucially, BTQ focuses on developing documented “migration playbooks” for institutions to move assets to quantum-safe address formats.
BTQ’s migration playbooks emphasize UTXO migration rehearsals, fee and latency modeling, and hardware-wallet integration testing. This provides exchanges, custodians, and asset managers with a repeatable procedure for transitioning to quantum-safe formats under live network conditions. Delphi Digital’s report highlights that BTQ’s architecture and tooling aren’t limited to Bitcoin; they are also applicable to Ethereum and stablecoin infrastructure, exemplified by the Quantum Secure Stablecoin Network (QSSN).
The company’s strategy includes advancing Bitcoin Quantum to testnet and mainnet, expanding its quantum-safe stack to stablecoins and exchanges, and providing tools to define “quantum readiness” standards. Delphi Digital’s coverage reinforces BTQ’s position as a pioneer in quantum-safe crypto infrastructure, aiming to shift quantum risk from an uninsurable event to a manageable operational cost through a production-grade, quantum-safe Bitcoin environment.
Our mandate is to deploy quantum security for crypto today, not someday in the future.
Olivier Roussy Newton, CEO of BTQ Technologies
