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Bit commitment is a fundamental cryptographic primitive with numerous applications. Quantum information allows for bit commitment schemes in the information theoretic setting where no dishonest party can perfectly cheat. The previously best-known quantum protocol by Ambainis achieved a cheating probability of at most 3/4. On the other hand, Kitaev showed that no quantum protocol can have cheating probability less than 1/sqrt{2}(his lower bound on coin flipping can be easily extended to bit commitment). Closing this gap has since been an important open question. In this paper, we provide the optimal bound for quantum bit commitment. First, we show a lower bound of approximately 0.739, improving Kitaev's lower bound. For this, we present some generic cheating strategies for Alice and Bob and conclude by proving a new relation between the trace distance and fidelity of two quantum states. Second, we present an optimal quantum bit commitment protocol which has cheating probability arbitrarily close to $0.739$. More precisely, we show how to use any weak coin flipping protocol with cheating probability 1/2 + eps in order to achieve a quantum bit commitment protocol with cheating probability 0.739 + O(eps). We then use the optimal quantum weak coin flipping protocol described by Mochon. Last, in order to stress the fact that our protocol uses quantum effects beyond the weak coin flip, we show that any classical bit commitment protocol with access to perfect weak (or strong) coin flipping has cheating probability at least 3/4.

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