Algorand Targets End-2027 Rollout of Network-Wide Quantum Resilience
Summary
- Algorand (ALGO) said it plans to deploy quantum resilience technology across its network by the end of 2027.
- Algorand said it plans to support Falcon-based accounts and convert its consensus mechanism into a structure capable of withstanding quantum-computing attacks.
- Algorand said it is reviewing several alternatives, including a hybrid model that combines existing cryptographic methods with post-quantum signatures.
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Algorand said it plans to deploy quantum-resilience technology across its network by the end of 2027 to address the threat posed by quantum computing.
Cointelegraph reported on June 19 that Algorand Foundation Chief Technology Officer Bruno Martins unveiled a related roadmap. The goal is to establish broad quantum resilience across the Algorand network, Martins said.
Under the roadmap, Algorand plans to introduce a new account structure using post-quantum cryptography. It also intends to support Falcon-based accounts, a post-quantum digital signature scheme, and convert its current consensus mechanism into a structure designed to withstand quantum-computing attacks.
The project also plans to revamp how accounts participating in consensus are operated. Algorand said it is reviewing several alternatives, including a hybrid model that combines existing cryptographic methods with post-quantum signatures.
Quantum computers are considered a next-generation computing technology with processing power far beyond conventional supercomputers. The industry has raised concerns that sufficiently powerful quantum computers could render ineffective the public-key cryptography that protects blockchain wallets and transactions. ETH
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