TechFlow News, March 19: According to Decrypt, BTQ Technologies announced the completion of the first functional implementation of BIP 360 (Bitcoin Improvement Proposal 360) on its Bitcoin Quantum Testnet v0.3.0—a pioneering effort to introduce quantum-resistant transaction infrastructure into a real-world testing environment.
BIP 360 introduces a new transaction format called Pay-to-Merkle-Root (P2MR), which restructures how transaction data is submitted on-chain and avoids exposing public keys along specific transaction paths—thereby mitigating potential threats posed by quantum computers to existing cryptographic protections. BTQ states that P2MR remains compatible with frameworks such as the Lightning Network, BitVM, and Ark, while eliminating Taproot’s key-path spending mechanism.
The testnet is currently connected to over 50 miners, has processed more than 100,000 blocks, and includes a full suite of wallet tools supporting the creation, funding, signing, and broadcasting of P2MR transactions.
