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Solana Deploys Post-Quantum Signatures on Testnet for Future Security
The Solana Foundation is addressing potential quantum computing threats by developing quantum-resistant blockchain security. They have begun deploying post-quantum digital signatures on a Solana testnet, preparing for future quantum-computing challenges.
Key Developments
- Solana is testing post-quantum cryptography to protect against future threats, joining Ethereum and Cardano in these efforts.
- The initiative follows a comprehensive quantum risk assessment by Project Eleven, focusing on the risks to Solana’s infrastructure.
- Project Eleven implemented a working post-quantum signature system on a Solana testnet, showing feasibility and scalability of quantum-resistant transactions.
- Solana co-founder Anatoly Yakovenko estimated a 50% chance of quantum computing posing risks to Bitcoin's cryptographic framework within five years.
Industry Perspectives
- Michael Saylor believes quantum computing will strengthen Bitcoin rather than pose a threat.
- Adam Back argues that Bitcoin does not face significant quantum risks for 20-40 years, with existing post-quantum methods ready for integration.
These developments indicate proactive measures by blockchain platforms to ensure long-term security in anticipation of advancements in quantum computing.