Is Zcash Quantum-Resistant Yet? Experts Weigh In
A debate on X this week exposed a core question for on-chain privacy: when quantum computers are able to break elliptic-curve cryptography (ECC), will they be able to retroactively deanonymize every transaction ever made of privacy coins like Zcash? Nic Carter, co-founder of Coin Metrics and partner at Castle Island Ventures, argued that the answer […]
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Quantum computing might be closer than we thought, thanks to a series of newly developed scientific methods. Furthermore, a new implementation of Shor’s algorithm increases the urgency of getting Bitcoin ready for the advent of quantum computing. Quantum Computing Breakthroughs. At present, Bitcoin is obviously resistant to all known types of....
In a livestream broadcast titled “Post-Quantum Cardano,” ADA founder Charles Hoskinson laid out a roadmap for making the blockchain quantum-resistant. His remarks come amid rapid developments in quantum computing hardware, including breakthroughs from Microsoft and other tech heavyweights, as well as newly released US government standards for post-quantum cryptography. Hoskinson opened the session by highlighting […]
The quantum-resistant hybrid blockchain platform, QANplatform, has announced the release of its rapid one-click deployment feature. The achievement enables developers to deploy the QAN blockchain in under five minutes to cloud platforms such as Amazon’s AWS, Microsoft Azure, Google Cloud, DigitalOcean, and Linode. Advancements in quantum computers – which could become millions of times faster […]
The way we think about encryption is starting to change, and NIST is working on making cryptography resistant to quantum computing. New cryptographic algorithms are needed, and Bitcoin developers need to start preparing for the future as well. Quantum Computing Threatens Cryptography Algorithms. Technology is advancing at an accelerated pace, and the....
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most of today’s digital communications, including cryptocurrencies, leverage public key encryption and CISA believes when “quantum computers reach higher levels of computing power and speed, they will be capable of breaking the public key cryptography algorithms that are in use today.”
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