6 ms·
"All cryptocurrencies are not the same. Today, they share a common quantum vulnerability through use of non-quantum safe Elliptic Curve Digital Signature Algori
by m1m1ck 5y ago
"All cryptocurrencies are not the same. Today, they
share a common quantum vulnerability through use of non-quantum
safe Elliptic Curve Digital Signature Algorithm (ECDSA) digital
signatures yet they have very different risks of quantum attack"
"The underpinning digital signature scheme (Elliptic curve)
is vulnerable to a quantum computer attack."
"Migration to an alternative quantum safe digital signature
scheme will require a ‘hard fork’, a non-compatible new
blockchain created."
https://eprint.iacr.org/2021/967.pdf https://eprint.iacr.org/2021/967.pdf
same/related question & answers:
https://bitcoin.stackexchange.com/questions/10323/how-vulnerable-is-bitcoin-to-quantum-algorithms https://bitcoin.stackexchange.com/questions/10323/how-vulner...