Ripple races to make XRP Ledger quantum-ready as computing threat turns ‘credible’
The Block
Ripple aims for XRP Ledger to be quantum-ready by 2028, addressing the growing threat of quantum computing to digital asset security.Summary
Ripple is actively working to make the XRP Ledger quantum-ready by 2028, acknowledging that the threat posed by quantum computing to digital asset cryptography has moved from theoretical to credible. The company highlights the 'harvest now, decrypt later' risk, where malicious actors could store encrypted data today to decrypt it with future quantum computers. While not an immediate concern, Ripple emphasizes the need for systems securing long-lived value to plan for a post-quantum transition. The XRP Ledger is considered better prepared than other blockchains like Ethereum due to its native key rotation feature, allowing users to change vulnerable keys without altering their accounts.
(Source：The Block)