Quantum-resistant Security
QANplatform, the quantum-resistant blockchain platform
Last updated
QANplatform, the quantum-resistant blockchain platform
Last updated
[BREAKING NEWS]: NIST recommends CRYSTALS-Dilithium as the primary algorithm for quantum-resistant signatures - the one QANplatform has chosen well before NIST officially recommending it and is being used through QAN XLINK.
💡[Definition] Quantum-resistant:
Quantum-resistant algorithms — also known as post-quantum, quantum-secure, or quantum-safe — are cryptographic algorithms that can resist attacks from quantum computers.
[Market problem]: Quantum computers will break 99% of today's blockchain platforms
Powerful quantum computers with enough stable, error-corrected logical qubits will be able to break 99% of today's blockchain platforms and cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, Ripple, Polkadot, etc.
The quantum computer threat is no longer just a FUD. Powerful quantum computers with enough stable, error-corrected logical qubits will break the cryptography behind 99% of today’s blockchain platforms.
The most worrying and already proven part is that they will be able to break most asymmetric cryptography-related schemes, including the digital signature scheme used by Bitcoin and Ethereum, etc.
In short, we trusted these algorithms because incrementing the key size would increase the hardness of breaking it exponentially. Quantum computers will linearly tackle this, meaning doubling the key size will only need double the qubits to break. Everything we considered safe so far would be gone for this reason.
Based on the latest post-quantum cryptographic research (1)(2)(3)(4) all wallets relying on EC cryptography that have at least 1 outgoing transaction will break by a 1,121+ qubits quantum computer.
QANplatform has developed 4 IPs (Intellectual Properties): Proof-of-Randomness (PoR) consensus algorithm, Multi-language smart contract development (Hyperpolyglot), Rapid cloud deployment for major providers. The most important is QAN XLINK, which is responsible for ensuring a 100% successful migration path when quantum computing attacks will affect elliptic curve cryptography utilized by mainstream blockchains.
We implemented a post-quantum signature scheme that is used to cross-sign accounts. This was necessary so that as quantum computers become available we'd have an immediate solution as opposed to anyone else on the market.
NIST (National Institute of Standards and Technology) was founded in 1901. Its role is creating critical measurement solutions and promoting equitable technology standards for the world.
On the 13th of August, 2024, NIST released the first 3 finalized quantum-resistant cryptographic algorithms which includes CRYSTALS-Dilithium as the primary algorithm for quantum-resistant signatures. QANplatform has chosen this algorithm well before NIST officially recommending it and is being used through QAN XLINK to provide an alternative signature scheme which can withstand the attack of quantum computers that will crack the security used to protect privacy in the digital systems we rely on every day.
This makes QANplatform the only blockchain platform on the market which offers Ethereum compatibility and a 100% safe and successful migration path in the post-quantum era.
NIST recommends CRYSTALS-Dilithium as the primary algorithm for quantum-resistant signatures - the one #QANplatform has chosen before and is using through QAN XLINK.
Key Takeaways — [Quantum-resistant Security]:
Quantum computers will break 99% of today's blockchain platforms.
Upgrading cryptography primitives in existing blockchain implementations won’t save them from the quantum threat.
All wallets relying on EC cryptography which have at least 1 outgoing transaction will break.
One of QANplatform's IPs is QAN XLINK, which is responsible for ensuring a 100% successful migration path when quantum computing attacks will affect elliptic curve cryptography.
NIST recommends CRYSTALS-Dilithium as the primary algorithm for quantum-resistant signatures - the one QANplatform has chosen before and is using through QAN XLINK.