Could you please elaborate on the current state of affairs regarding cryptocurrencies and their resilience against quantum computing attacks? Specifically, are there any cryptocurrencies that are currently considered to be quantum-proof, or are there ongoing efforts within the industry to develop such currencies? Additionally, what measures are being taken by existing cryptocurrencies to ensure their security in the face of potential advancements in quantum computing?
7 answers
Lorenzo
Thu Aug 01 2024
QRL stands out from other cryptocurrencies as it was among the first to integrate quantum-resistant technology from its inception.
Martino
Thu Aug 01 2024
Quantum Resistant Ledger (QRL) is a forward-thinking cryptocurrency that anticipates the future of computing.
JejuJoyfulHeartSoul
Thu Aug 01 2024
With the looming threat of quantum computers, traditional encryption methods may become obsolete.
Stefano
Thu Aug 01 2024
This commitment to security and future-proofing has attracted investors and users alike to the QRL platform.
Pietro
Thu Aug 01 2024
To address this concern, QRL employs XMSS, a hash-based digital signature scheme.