BTQ Technologies Corp. (NASDAQ: BTQ) announced the deployment of Bitcoin Improvement Proposal 360 on its Bitcoin Quantum testnet version 0.3.0, marking the first functional implementation of the quantum-resistant payment protocol.

BIP 360 introduces Pay-to-Merkle-Root, a new output type designed to address quantum vulnerabilities in Bitcoin's Taproot upgrade while preserving its scripting capabilities. The implementation includes complete wallet tooling that enables users to create, fund, sign and spend P2MR transactions on the testnet.

The Bitcoin Quantum testnet now operates with over 50 miners and has processed more than 100,000 blocks. The network uses one-minute block spacing and a 5 BTQ block subsidy with halving intervals of 2,100,000 blocks.

"BIP 360 represents the Bitcoin community's most significant step toward quantum resistance and we've turned it from a proposal into running code," said Olivier Roussy Newton, CEO of BTQ Technologies.

The testnet incorporates NIST-standardized Dilithium post-quantum signature algorithms and includes enhanced transaction capacity for larger post-quantum signatures. BTQ stated that while BIP 360 was merged into Bitcoin's official proposal repository, broader ecosystem implementation has not advanced.

BTQ plans to operate a Bitcoin Quantum mining pool with a 3% fee structure and projects accumulating approximately 100,000 BTQ tokens in the first 12 months of network operation. The company anticipates developing additional revenue streams through security services and quantum certification offerings.

The announcement comes as U.S. federal agencies face an April 2026 deadline for post-quantum cryptography transition plans, and Canada implements new federal procurement requirements aligned with post-quantum standards in April 2026.