Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Researcher StarkWare Avi Levy says that the main idea of the proposal is to replace the existing elliptic curve digital signature algorithm (ECDSA) of Bitcoin with hash-based proofs that will be difficult to imitate even with a quantum computer. Levy added that the main advantage of the QSB method is that it provides instant results. "The main advantage of QSB is immediate result delivery. Since it operates within Bitcoin's existing consensus rules, it does not require soft forks, miner confirmations, or activation deadlines." However, according to Levy, there are practical limitations to this proposal. Because QSB shifts Bitcoin's network security from signatures to computations, each transaction requires intensive processing on off-chain graphics processors. The cost of creating a valid transaction using cloud-based graphics processors is estimated at between $75 and $200 per transaction. This is more than 600 times higher than Bitcoin's current average transaction fee of about 33 cents. This makes the QSB method difficult to implement. In conclusion, Levy states that although this method could theoretically work within Bitcoin's current rules, it is experimental and not intended for widespread use. Levy also added that not all use cases, such as Lightning Network channels, are currently supported.