Circle future-proofs Arc blockchain against quantum threats
Summary
Circle’s Arc blockchain is being designed with quantum resistance from the outset, unlike many existing blockchains that may need to retrofit this security feature later. Arc will introduce a post-quantum signature scheme at mainnet, allowing users to create wallets secure against attacks from future quantum computers. This proactive approach addresses the potential vulnerability of current blockchains to quantum computing advancements, which could compromise digital signatures and drain crypto assets. Arc’s roadmap extends beyond wallet security, aiming to protect private balances, confidential payments, and validator infrastructure with quantum-resistant cryptography. The blockchain, which uses Circle’s USDC stablecoin, is particularly focused on attracting institutional users with its robust security measures and fast transaction finalization times.
(Source:CoinDesk)