Live on Bitcoin mainnet100-key spend in block 973,546

EternaX Bitcoin VaultPost-quantum security for Bitcoin custody, on the HSM you already use

Post-quantum secure at rest. Quantum-resilient in flight. Crypto-agile by design.

Coins rest behind a hash, and every spend needs 100 independent keys plus post-quantum approvals. For banks, wealth managers, family offices and wealth platforms bringing Bitcoin to their clients. No Bitcoin fork, no HSM change, no new hardware.

  • 100 keys per spend
  • Crypto-agile approvals
  • From $2.21 per spend, measured on mainnet
  • EternaX never holds your keys

No cost. Begins with a 30-minute call. No change to your systems.

Or email info@eternax.ai

What is EternaX Bitcoin Vault?

EternaX Bitcoin Vault is post-quantum security software for Bitcoin custody, built by EternaX Labs. Coins sit in one-time addresses that show the blockchain only a SHA-256 hash, each address needs all 100 of its independent keys to sign, and every spend is approved with NIST post-quantum signatures chosen by policy. It runs on today’s Bitcoin and the HSM an institution already uses, with no fork, and was proven with a 100-key spend on Bitcoin mainnet on 28 October 2026.

Who it’s for, and what you can offer your clients

Built for institutions bringing Bitcoin to their clients. You keep the client relationship and the custody; the vault gives you a post-quantum answer few custodians can offer today.

Banks launching Bitcoin custody

Client custodyTreasury reservesBitcoin held as loan collateral

Launch with post-quantum protection from day one, instead of migrating a new stack later.

Offer your clients: a quantum-resilient Bitcoin custody tier.

Start a pilot

Wealth managers and private banks

Client portfoliosAdvisor-led allocations

Answer “what happens to my bitcoin when quantum computers arrive?” with a product, not a promise.

Offer your clients: quantum-resilient custody through your licensed custodian, with a post-quantum approval record for every movement.

Start a pilot

Family offices

Long-term reservesGovernance with named approvers

Protect long-term holdings with named approvers and no single key that can move them.

Offer your family: reserves that stay hidden on-chain and move only with post-quantum approval.

Start a pilot

Wealth platforms

Multi-custodian platformsCompliance and attestation reporting

Add a post-quantum custody option across your advisor network, run by the custodians you already use.

Offer your advisors: a quantum-resilient Bitcoin custody option on the platform.

Start a pilot

Prefer to write first? info@eternax.ai

Why Bitcoin custody needs this now

Bitcoin isn’t post-quantum safe yet, and its own upgrade is years away: about seven years, by one BIP-360 co-author’s estimate. Meanwhile a third of all bitcoin already shows its public key, and every other coin shows it for about ten minutes each time it moves.

All bitcoin in circulation ≈ 19.9M BTC exposed ≈ 6.9M (34%) hidden behind a hash ≈ 13M: safe at rest, not in flight of which P2PK (Satoshi-era) ≈ 1.7M BTC Also exposed: every Taproot (bc1p) address, and every bc1q, 1… or 3… address that has been spent from and still holds coins. Approximate figures from Google Quantum AI, Fig. 5 and Table I (2026), and BIP-361 (data as of March 1, 2026). Not investment information.
Roughly a third of all bitcoin can be attacked at rest the day a large enough quantum computer exists. The other two thirds are safe at rest only because their keys have never been shown, which lasts exactly until they are spent.
≈6.9M BTCkey exposed now (34%)
≈13M BTChidden until spent
All bitcoin in circulation ≈19.9M BTC, including ≈1.7M in Satoshi-era pay-to-public-key outputs. Google Quantum AI (2026) and BIP-361 data, March 2026.

The full argument, the attack model and every number behind it: The 100-Key Vault, by EternaX Labs.

How does EternaX Bitcoin Vault work?

Each vault is a standard Bitcoin address built from 100 fresh keys that must all sign, used exactly once. The method is called One-Time Vaulting; at 100 keys it is the 100-Key Vault, written OTV(100).

  1. Funding
    5f2a…c91e

    The chain sees one 32-byte hash.

    0 of 100 keys visible
  2. At rest
    5f2a…c91emonths or years

    The same hash. Nothing to attack.

    0 of 100 keys visible
  3. Approval
    SLH-DSASLH-DSASLH-DSA

    Officers sign one exact transaction with post-quantum signatures, off-chain.

    0 of 100 keys visible
  4. Broadcast
    ~10 min to the next block

    All 100 keys appear. An attacker must break every one before the block.

    100 of 100 visible
  5. Confirmed
    change to a fresh vault

    The keys control nothing and are retired after six confirmations.

    0 keys that matter
The red stage is the only moment a quantum attacker has anything to work with. Everything in the design keeps it short, expensive and worth little.
  1. 1

    Hold behind a hash

    Coins sit in a one-time address built from 100 fresh keys in your HSM. The chain sees only a SHA-256 hash, so there is nothing for a quantum computer to attack.

  2. 2

    Approve with post-quantum signatures

    Your officers approve one exact transaction with SLH-DSA or ML-DSA. Independent signing systems, including one you run, check the approvals before signing.

  3. 3

    Spend once, re-vault

    The 100 signatures go out in one ordinary transaction. Change moves to a fresh vault, and the old keys are retired after six confirmations.

Why 100 keys is enough, and for how long

A first fast quantum computer would need about nine minutes to break one Bitcoin key, and a block arrives in about ten. To steal a vault spend, an attacker must break all 100 keys before that block.

Attacker’s chance of stealing one spend, by fast quantum machines owned below 1 in a million 100% 1% 0.01% 1 in a million 1 in a billion 1 in a trillion or less 1 2 5 7 10 20 50 100 Fast quantum machines owned by the attacker (log scale) Ordinary single-key spend: 41% from the first machine EternaX Bitcoin Vault, 100 keys 7 machines: 1 in 730,000
The odds. An ordinary single-key spend can be raced about 41% of the time from the first machine. A 100-key vault spend stays below one in a million until an attacker runs about seven fast quantum machines in parallel.
The bridge, dated: how long the vault holds against how long Bitcoin needs 2026 2028 2030 2032 2034 2036 2038 2040 100-Key Vault, per-spend theft risk (our estimate, reviewed annually) below 1 in a million below 1% review yearly do not rely needs ≥7 fast-clock machines · needs ≥20 · fleets of tens, or one machine ~10× faster Bitcoin's native post-quantum migration (co-author estimate, Feb 2026) BIP ≈ 3 yr migration ≈ 5 yr BIP-360 draft Feb 2026 → PQ signature BIP → activation ≈ 2029 → ≈90% migrated ≈ 2033–34: inside the vault's span Vault dates: our synthesis of GRI Quantum Threat Timeline 2025, Metaculus (RSA-2048), IBM and PsiQuantum roadmaps; estimates. Migration: E. Heilman, Cointelegraph Magazine, February 2026.
The window. The vault holds below one in a million per spend to about 2032 and below 1% to about 2035, while a BIP-360 co-author estimates Bitcoin’s own migration will be largely complete around 2033–34. The vault outlasts the problem it bridges.
Attacker’s fast quantum machinesSingle-key spend100-key vault spend
141%below 1 in a trillion
541%1 in 66 million
741%1 in 730,000
1041%1 in 8,100
2041%about 1%
  • To about 2032: below 1 in a million per vault spend.
  • To about 2035: below 1% per vault spend.
  • Around 2033–34: Bitcoin’s own migration largely complete, by a BIP-360 co-author’s estimate.
  • Per key: about nine minutes on a primed first-generation fast quantum computer (Google Quantum AI, March 2026). Blocks arrive every ten minutes on average.
  • Per spend: all 100 keys must fall inside that one block, and the attacker must then outbid the fee. Each vault is spent once, so there is never a second chance.
  • Honest dating: EternaX estimates, reviewed annually. The full model and assumptions are in The 100-Key Vault.

Proven on mainnet, built from standard Bitcoin

A new approach has to earn trust. Every part of the vault is something Bitcoin and certified HSMs already do, and it has run on Bitcoin mainnet.

973,546

Bitcoin block, 28 Oct 2026

100

signatures in one input

2,758.5 vB

measured transaction size

2,759 sat

fee at 1 sat/vB

≈ $2.21

cost of that spend

Transaction 397b3672…220c: a standard transaction, broadcast to the public network and mined at the minimum fee rate. Verify it on mempool.space.

  • Standard Bitcoin only. A SegWit script-hash address and ordinary signature checks, used across Bitcoin since 2017. Nothing new, no special relay.
  • At Bitcoin’s standard limit. 100 keys is the most Bitcoin’s standard relay policy allows in one input. We work within the network’s rules, not around them.
  • NIST-standard approvals. SLH-DSA (FIPS 205) and ML-DSA (FIPS 204). Vault keys stay in certified Level 3 HSMs.
  • A precise, dated claim. Post-quantum secure at rest, quantum-resilient in flight, reviewed annually. Never “quantum-proof”.
  • Open to scrutiny. Prototype tests and an internal security review are complete, the method is published, and the security model is shared under NDA during the pilot.
  • Named team. Paarrthhh Birla; Dariia Porechna, cryptography; and Dr. Chen Feng, Chief Scientist and Associate Professor at the University of British Columbia.

Measured cost per vault spend

Fee rateCost
1 sat/vB, the mainnet spend$2.21
2 sat/vB$4.41
10 sat/vB$22.07
50 sat/vB, congestion$110.34

At $80,000 per bitcoin. Holding costs nothing; the fee goes only to the miner.

Works with the HSM you already use. Nothing else changes.

  • Bitcoin stays as it is. No fork, no new opcode, no miner arrangement.
  • Your HSM stays as it is. Keys are created and used through its standard key-generation and signing calls. No firmware change, and keys never leave it.
  • Your license and contracts stand. You stay the custodian. EternaX never holds keys, never operates your HSM and never takes custody.
  • Your clients see nothing new. A normal Bitcoin deposit address and their usual statements.

Works with HSMs that already sign Bitcoin, for example:

  • AWS KMS
  • Azure Key Vault
  • Entrust nShield
  • Google Cloud HSM
  • Securosys Primus
  • Thales Luna
  • Utimaco CryptoServer

And other HSMs that support secp256k1 signing. On some HSMs Bitcoin’s curve is enabled in the HSM’s policy settings, as it already is wherever that HSM signs Bitcoin. Your HSM is validated in week 2 of the pilot.

No HSM yet? We’ll help you set one up with the provider you choose, on-premise or cloud.

Crypto-agile by design

Post-quantum roadmaps now expect institutions to change cryptographic algorithms without disrupting operations. EternaX Bitcoin Vault is crypto-agile everywhere EternaX controls, and as agile as Bitcoin allows on-chain.

Algorithm by policy

Approvals use NIST post-quantum signatures, SLH-DSA (FIPS 205) or ML-DSA (FIPS 204), selected by policy. New NIST standards can be added as they are finalized, with no change to Bitcoin or your HSM.

No single point of cryptographic failure

Policy can require a hash-based and a lattice-based approval together, so a break in one algorithm family never opens a vault. Every approval records the algorithm it used.Full product

One transaction from Bitcoin’s next step

Every vault is single-use, so there are no long-lived keys to rotate. Moving to Bitcoin’s future post-quantum outputs is one ordinary transaction.

On-chain, Bitcoin verifies only ECDSA and Schnorr signatures, and no custody product can change that until Bitcoin does. The vault keeps every coin one transaction away from the day it can.

Capabilities

  • Key backup and recovery
  • Post-quantum approvals
  • Policy engine
  • Split signing
  • Crypto-agility
  • Key and exposure discovery
  • Migration tooling
  • Monitoring and fee management
  • Audit trail and client reporting
  • Integrations
  • Production support and SLAs

The full product. The 30-day pilot covers the core vault on your HSM; see what it includes.

How it compares

ApproachChanges neededKeys to break in flightAvailable todayCrypto-agileCost per spend
EternaX Bitcoin VaultNone100, inside one blockYes, on mainnetYes, by policy2,758.5 vB measured; $2–$22 at 1–10 sat/vB
MPC, including Google’s MPC previewNew platform1: shares combine into one ECDSA keyYes; post-quantum when chains upgradeNoOrdinary single-key fee, plus license
StarkWare QSBNew signing flow; a cooperating minerHash-bound, stronger than oursOne mainnet transaction; non-standardNoReported $50–$320 compute, plus fees
Wait for BIP-360Bitcoin soft fork1, until then~7 years, by one co-author’s estimateNative, once adoptedEst. 10–40× an ordinary spend

Full comparison, including fresh addresses and wrapped BTC: The 100-Key Vault.

Start a 30-day pilot, at no cost

Begins with a 30-minute call. Ends with your own vault spend on Bitcoin mainnet, from your HSM.

  1. Week 130-minute call, an exposure scan of your Bitcoin addresses from public data, and your vault policy.
  2. Week 2EternaX software connected to your existing HSM, validated.
  3. Week 3Your officers run post-quantum approvals and spends end to end on a test network.
  4. Week 4Your own small-value vault spend on Bitcoin mainnet, the security model, and a board and regulator memo.

Opens your email app, addressed to info@eternax.ai.

No email app? info@eternax.ai

EternaX Labs is a technology provider and does not take custody of client assets.

In the 30-day pilot, at no costAdded in the full product
Vaults created on your HSMKey and exposure discovery across all your holdings
Post-quantum approvals for a small set of officersPolicy engine: value caps, address whitelists, velocity limits, approver roles
Spends end to end on a test networkSplit signing across independent systems, including one you run
One small-value spend on Bitcoin mainnetKey backup and recovery, monitoring and fee management
Exposure scan of your addressesCrypto-agility controls: dual hash-based and lattice-based approvals, algorithm policy, per-approval algorithm record
Security model and board memoAttestation and client reports, migration tooling, integrations, support and SLAs

Questions institutions ask

50 answers on Bitcoin’s quantum risk and EternaX Bitcoin Vault. Last reviewed 28 October 2026.

Quantum risk to BitcoinEternaX Bitcoin VaultSecurity and crypto-agilityHSM and deploymentCost and pilotFor your clientsComparisons

Quantum risk to Bitcoin

EternaX Bitcoin Vault

Security and crypto-agility

HSM and deployment

Cost and pilot

For your clients

Comparisons

Have a question not covered here? Email info@eternax.ai.

See it run on your own HSM

A 30-day pilot at no cost, ending with your own 100-key vault spend on Bitcoin mainnet.

Sources

  1. EternaX Labs. OTV(100) mainnet transaction 397b3672…220c, block 973,546, 28 October 2026. mempool.space
  2. Babbush, R., Zalcman, A., Gidney, C., et al. Securing Elliptic Curve Cryptocurrencies against Quantum Vulnerabilities. Google Quantum AI, March 2026. arXiv:2603.28846
  3. BIP-361 exposure data (as of 1 March 2026) and BIP-360, Pay to Merkle Root (draft, February 2026); E. Heilman, migration estimate, February 2026.
  4. Glassnode exposed-public-key analysis, October 2026, as reported by Bitcoin.com News.
  5. Project Eleven. The Quantum Threat to Blockchains: 2026 Report, May 2026.
  6. Coinkite. COLDCARD miniscript documentation (20-key limit in segwit v0 miniscript); Ledger Bitcoin app release notes (16-key multisig).
  7. NIST FIPS 204 (ML-DSA) and FIPS 205 (SLH-DSA), August 2024; NIST CSWP 39, Considerations for Achieving Cryptographic Agility.
  8. FINMA. Guidance 05/2026, 9 July 2026. finma.ch
  9. Google to preview a new crypto security system. CoinDesk, 28 October 2026. coindesk.com
  10. Levy, A. Quantum-Safe Bitcoin Transactions (QSB). StarkWare, 2026. GitHub
  11. Bitcoin Core, src/policy/policy.h: standard P2WSH limits. GitHub

Published 28 October 2026 · Last reviewed 28 October 2026 · Estimates reviewed annually.

EternaX Labs is a technology provider. It does not take custody of digital assets, hold client keys or operate client HSMs. Security estimates are dated, model-based and reviewed annually; they are not guarantees. Nothing on this page is investment, legal or tax advice.