Algorand Targets Network-Wide Quantum Resilience by End of 2027

Algorand said it plans to deploy quantum-resilience technology across its network by the end of 2027 to guard against threats posed by quantum computing.

Cointelegraph reported on June 19 that Algorand Foundation Chief Technology Officer Bruno Martins had outlined a roadmap for the effort. The goal is to establish broad quantum resilience across the Algorand network, Martins said.

The roadmap calls for a new account structure using quantum-resistant cryptography. Algorand plans to support accounts based on Falcon, a quantum-resistant digital signature scheme, and convert its current consensus mechanism to a structure designed to withstand attacks from quantum computers.

Algorand also plans to revamp how accounts that participate in the consensus process are operated. The project said it is considering several options, including a hybrid model that combines its existing cryptographic system with quantum-resistant signatures.

Quantum computing is regarded as a next-generation technology with computing power far beyond that of conventional supercomputers. The blockchain industry has raised concerns that sufficiently powerful quantum computers could break the public-key cryptography used to secure wallets and transactions.