Justin Sun says Tron’s post-quantum cryptography has gone live on testnet

Justin Sun says Tron’s post-quantum cryptography has gone live on testnet

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Justin Sun, founder of the Tron network, said that the company’s post-quantum cryptography was now live on testnet.“We’re closely tracking progress in quantum computing and AI, and we’re ready to bring quantum resistance to mainnet at any time, Sun said in a post on X on Saturday.

He added, “We’re committed to keeping user assets secure, and TRON is set to be one of the few major blockchains that is quantum-resistant before Q-Day,” or the day when quantum computing becomes capable of breaking current security standards.

Coindesk reported on July 28 that Blockchain security company AmericanFortress had unveiled a cryptographic plan to protect crypto wallets from future quantum attacks without requiring users to move funds, rotate keys or change wallet addresses.

Unlike most proposed post-quantum approaches, AmericanFortress said it allows existing wallet addresses to remain unchanged while adding post-quantum protection.

The company published the proposal in a technical paper on the Cryptography ePrint Archive, though it had not yet been peer-reviewed.

Developers have increasingly focused on post-quantum cryptography because sufficiently powerful quantum computers may eventually break the elliptic-curve cryptography used to secure Bitcoin, Ethereum and many other blockchain networks Earlier this year, a Strategy-led consortium pledged $15 million to fund Bitcoin quantum security research, the Ethereum Foundation published a proposal for migrating accounts to quantum-resistant cryptography and Algorand outlined plans to introduce quantum-resistant accounts by 2027.

Magazine: SHRINCS BIP published: Quantum-secure Bitcoin comes with a catch Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.

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