CryptocurrencyJustin Sun says Tron post-quantum plan on testnet

Justin Sun says Tron post-quantum plan on testnet



Justin Sun says Tron post-quantum plan on testnet

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.

Proposal published in technical paper

The company published the proposal in a technical paper on the Cryptography ePrint Archive, though it had not yet been peer-reviewed.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 independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.



Original Source Link

Latest News

Photojournalist Steve Winter on his iconic Hollywood puma image, the illegal tiger trade and having a black panther knock on his door

For decades, photojournalist Steve Winter has traveled across the world capturing incredible images of big cats as part...

Panama Rocked By 2 Powerful Earthquakes And Multiple Aftershocks, Prompting Evacuations

PANAMA CITY (AP) — Two powerful 7.7 and 6.6 magnitude earthquakes and a series of aftershocks roiled southern...

It’s not ‘AI,’ and it’s not ‘superintelligence.’ So, what is it?

President Trump’s obsession with rebranding artificial intelligence is drudging up a decades-long debate about how to best describe...

A look at a 1,700-member Slack run by Medicare agency CMS where Microsoft, OpenAI, and other companies help shape policy on AI apps and...

CBS News: A look at a 1,700-member Slack run by Medicare agency CMS where Microsoft, OpenAI, and other...

Week Ahead for FX, Bonds: U.S. Inflation Data in Focus

Investors will be focused on inflation data from the U.S., eurozone and China as well as U.K. economic...

Must Read

Kylie Jenner Lands First Scripted Acting Role – All The Deets On Bachelorette Weekend HERE!

Kylie Jenner is officially trading reality TV drama...

Strengthening Dental Payment Integrity Through Smarter Claim Editing

Fraud, waste, and abuse (FWA) continue to challenge...
- Advertisement -

You might also likeRELATED
Recommended to you