XRP Ledger Prepares for Quantum Threat with 2028 Roadmap
Ripple unveils a multi-phase plan to make the XRP Ledger quantum-resistant by 2028, including testing new cryptography and contingency plans.
Zero-knowledge proofs are cryptographic methods that allow one party to prove information without revealing the underlying data. They are used to enhance privacy and scalability on blockchain networks. Zero-knowledge proofs enable confidential transactions and efficient verification. Technologies like ZK-rollups rely on these methods. They are a key innovation in modern blockchain development.
Ripple unveils a multi-phase plan to make the XRP Ledger quantum-resistant by 2028, including testing new cryptography and contingency plans.
BitMEX Research has proposed a “canary fund” system to address potential quantum threats to Bitcoin, offering a conditional alternative to controversial plans to freeze vulnerable coins.
New Google research suggests quantum computers may break crypto encryption with far fewer qubits than previously expected.
PsiQuantum has begun construction on a large-scale quantum computing facility designed to house a one million-qubit system. Researchers say machines of this scale could eventually challenge Bitcoin’s cryptography.
Coinbase has formed an independent advisory board of cryptography and quantum experts to evaluate long-term risks that quantum computing could pose to Bitcoin and blockchain security.