White Bit’s Technology Director (CTO) – The name remains under confidential agreements, but reveals the technology strategies the platform displays to address the threat of quantum computing and other sophisticated attacks in the cryptocurrency ecosystem. In an exclusive interview with Cryptootics, he also expressed himself about utilities derived from layer 2 solutions such as Bitcoin, the philosophy of decentralization, and Lightning Network.
The first protective pillar detailed by the manager is the “detailed defense” approach. The third party solution combination was strictly audited with the internal team that controlled the company’s own architecture. This avoids the dependency of a single product and adds a layer of protection that is strengthened against each other.
When dealing with the impact that Quantum Computers has on public key algorithms such as ECDSA (Elliptic Curve Digital Signature Algorithm), the CTO pointed out That white bit already works in post-chartography migration plans.
Therefore, it is based on standards issued by the National Institute of Standards and Technology (NIST) of the US Department of Commerce, which establishes recommendations and guidelines for security in encryption.
In a test project Crystals – Gilithium is included for digital companies, crystals are included for keysMeanwhile, hash-based schemes such as the Sphinx+function are evaluated for the protection of cold storage assets.
In the field of internal access control, CTOs were asked how Whitebit does it to reduce the likelihood of suffering from hacking like by Bybit. This stated that the platform operates under the principle of “zero trust.”
Our platform works under the principle of “zero trust.” This means that even internal employees have very limited access. The risks associated with key people are mitigated using multi-firema wallets for 96% of our refrigerated assets, so individuals cannot move funds on their own. Everything is based on access compartmentalization, ensuring no one is a unique point of failure.
White Bit CTO, Crypto exchange.
Regarding the strength of his security position, the technical head emphasized that White Bit was the first exchange to obtain a higher level of CCSS certification. This awareness is based on auditing of multifilara storage protocols, as well as actual threat detection systems and regular penetration testing.
The CTO pointed out that artificial intelligence is already part of the safety stack to predict new attack vectors. System of Machine Learning They are not limited to transaction monitoring. They identify abnormal patterns, neutralize risk before rising to an incident, and significantly reduce response times.
Regarding the balance between user privacy, regulatory compliance and ecosystem decentralization principles, the CTO pointed out that Whitebit “integrates privacy conservation technology directly into its architecture,” but unfortunately did not mention what it is. The platform facilitates authorities’ audits and reporting “without compromising the fundamental principles of user control over data and assets.”
As Tether does, when asked about the potential contribution of the exchange to the development of Bitcoin and its capabilities, the company revealed that it prefers to dedicate its resources to optimize its exchange. And they have not made unplanned contributions in this regard.
While we have great respect for the central developers of Bitcoin, our resources are dedicated to creating faster, more efficient trading experiences on our platform. It contributes to the excellent foundation that already exists without directly intervening the mainnet protocol.
White Bit CTO, Crypto exchange.
The Bitcoin Protocol is a roadmap for future payments, taking into account interviewees. In this sense, he believes that cryptography and his network already function as a self-controlled, self-stable system. We advocate non-interventionism. «Our vision doesn’t consist of its design “controls”, but it acts as a secure and accessible access door. We will fill the technical gap for millions of users to participate in this future of sovereignty without becoming a protocol expert,” he said.
In the short term, the Layer 2 solution added that it is a practice such as Lightning Network to cover the demand for fast and low-cost transactions required by millions of users. «In the case of exchanges, prioritizing layer 2 solutions such as Lightning networks is a practical need, as users require speed and low fees. While mainnet development is essential for Bitcoin’s long-term health, Layer 2 solutions provide the scalability needed to effectively serve millions of users,” says the exchange CTO.
Finally, he expected an increased convergence between concentrated and decentralized finances. Whitebit aims to serve as a technology bridge that promotes customer access to protocols without sacrificing safety standards or normative requirements. This is a critical step in large-scale adoption of hybrid ecosystems and resistance to future challenges.
Cryptonoticias also announced an interview with Whitebit CEO Volodymyr Nosov, held in May 2025.