After Vitalik's latest words on the dangers of quantum computing to crypto, important to know $ALGO | @Algorand 's preparation for it.
Algorand’s Post-Quantum Breakthrough
• Algorand has executed the first post-quantum transaction on its mainnet using NIST-selected Falcon signatures. • This proves that quantum-resistant cryptography can already protect real digital assets on a live blockchain.
➱ Why it matters
• Experts agree that quantum computers will eventually break today’s cryptography. • Some forecasts, including ones referenced by Vitalik Buterin, suggest a real chance of quantum-capable machines before 2028. • Systems that rely on classical signatures need to prepare early.
➱ What makes Algorand different
• Many blockchains are still planning post-quantum strategies, while Algorand has working code on mainnet. • Developers can already generate Falcon keys, create PQ-secure addresses, and verify Falcon signatures on-chain. • Falcon is a NIST-approved lattice-based signature scheme that is compact and fast enough for high-performance blockchain use.
➱ The big picture
• Algorand has shown that quantum-safe transactions are no longer theoretical. • This milestone demonstrates real, practical post-quantum security running on a public blockchain today.
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After Vitalik's latest words on the dangers of quantum computing to crypto, important to know $ALGO | @Algorand 's preparation for it.
Algorand’s Post-Quantum Breakthrough
• Algorand has executed the first post-quantum transaction on its mainnet using NIST-selected Falcon signatures.
• This proves that quantum-resistant cryptography can already protect real digital assets on a live blockchain.
➱ Why it matters
• Experts agree that quantum computers will eventually break today’s cryptography.
• Some forecasts, including ones referenced by Vitalik Buterin, suggest a real chance of quantum-capable machines before 2028.
• Systems that rely on classical signatures need to prepare early.
➱ What makes Algorand different
• Many blockchains are still planning post-quantum strategies, while Algorand has working code on mainnet.
• Developers can already generate Falcon keys, create PQ-secure addresses, and verify Falcon signatures on-chain.
• Falcon is a NIST-approved lattice-based signature scheme that is compact and fast enough for high-performance blockchain use.
➱ The big picture
• Algorand has shown that quantum-safe transactions are no longer theoretical.
• This milestone demonstrates real, practical post-quantum security running on a public blockchain today.