Algorand to Roll Out Quantum-Resilience Technology Across Network by End-2027

Algorand said it plans to introduce quantum-resilience technology across its network by the end of 2027 to counter the threat posed by quantum computing.

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

Under the roadmap, Algorand plans to introduce a new account structure using quantum-resistant cryptography. It will support accounts based on Falcon, a quantum-resistant digital signature scheme, and shift its current consensus mechanism to a structure designed to withstand attacks from quantum computers.

Algorand also plans to revamp how accounts participating in the consensus process operate. It said it is reviewing several options, including a hybrid model that combines existing cryptography with quantum-resistant signatures.

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