Transforming Africa’s Engagement With Bitcoin

Transforming Africa’s Engagement With Bitcoin

Originally Published On TechCabal

Note: Following Btrust's aquisition of Qala on Sept 5, 2023, Qala is now known as Btrust Builders.

For many African software developers, the pathway to a career as a Bitcoin developer is not clear, and so it remains an unexplored possibility. This is the challenge that the team at Qala Africa is trying to fix, beginning April 2022.

Bitcoin is a lifeline that has provided options to many young Africans who have been locked out of legitimate income generating opportunities on the internet for a long time. The cryptocurrency has resonated with this demographic and in spite of regulatory roadblocks, they have embraced it to trade, invest, make seamless cross-border transactions and get paid for their creative works amongst others. Read more here: https://techcabal.com/2022/04/14/transforming-africas-engagement-with-bitcoin/

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Quantum Computing and Bitcoin: Understanding the Risks, the Trade-offs, and the Path Forward

Quantum Computing and Bitcoin: Understanding the Risks, the Trade-offs, and the Path Forward

CriterionBitcoin's RequirementSignature size64 bytes (Schnorr, BIP-340)Verification speedFast enough for full node throughputSigning speedFast enough for payment channel state updatesSecurity assumptionWell-studied, conservative, quantum-resistantCryptanalytic maturityDecades of failed public attacksConstant-time implementationReliably achievable in practice CriterionML-DSA (FIPS 204)SLH-DSA (FIPS 205)Original AlgorithmCRYSTALS-DilithiumSPHINCS+Hardness AssumptionModule Lattice (MLWE/MSIS)Hash

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