Cardano Founder Warns Crypto’s Quantum Threat May Hit Before 2033
Cardano founder Charles Hoskinson warns that quantum computing could threaten cryptocurrency security before 2033, prompting a shift toward lattice-based cryptographic defenses.Summary
Cardano founder Charles Hoskinson has cautioned that there is a greater than 50% probability of quantum computing posing a viable threat to cryptocurrency security before 2033. He argues that the industry must treat this as an urgent engineering challenge rather than a distant theoretical concern, as quantum processing power could potentially break current elliptic-curve signatures and expose private keys.
To mitigate this risk, Cardano is actively integrating lattice-based cryptography, specifically aligning with US NIST standards like FIPS 203–206, to ensure its protocols are quantum-resistant. Hoskinson noted that while other networks like Solana are also exploring similar upgrades, the broader crypto industry must coordinate to defend against future decryption risks.
(Source：BeInCrypto)