Solana tests quantum-resistant transactions in new Project Eleven pilot

The Solana Foundation has partnered with post-quantum security company Project Eleven to test quantum-resistant technology on a Solana testnet, aiming to secure the network against future quantum computing threats. Project Eleven conducted a full quantum computing threat assessment and prototyped a functioning testnet utilizing post-quantum digital signatures, claiming the implementation demonstrated that "end-to-end quantum-resistant transactions are practical and scalable." This claim is significant as post-quantum cryptography is often computationally expensive. The US NIST endorsed three post-quantum encryption standards in August 2024 (FIPS 203, 204, and 205). Solana did not immediately disclose which specific standard was used in the pilot. Solana's VP of Technology, Matt Sorg, stated their mission is to protect digital assets from quantum risk, echoing concerns across major crypto ecosystems, especially following Ethereum co-founder Vitalik Buterin's prediction of a 20% chance quantum computers could break current cryptography before 2030.

(Source：Cointelegraph)