Algorand Unveils Quantum-Resistance Roadmap, Targets Network by End-2027

Algorand plans to build a quantum-resistant blockchain as early as the end of next year.

CoinDesk reported June 18 that the Algorand Foundation unveiled a roadmap to make the network quantum-resistant. The plan calls for phased upgrades starting this year, with the goal of completing the transition by the end of next year.

The foundation aims to overhaul the blockchain's core cryptographic system before the arrival of so-called Q-Day, the point at which quantum computers are able to break the cryptography used by current cryptocurrencies.

Algorand plans to first introduce post-quantum accounts, multisignature wallets and staking support. Later phases would shift more fundamental protocol components to a quantum-resistant architecture.

Most major blockchains currently rely on elliptic curve cryptography, or ECC. Experts say that system could become vulnerable as quantum computing advances.

The Algorand Foundation said the roadmap builds on research it has been conducting since 2022. Its goal is to apply that work across the protocol and achieve quantum resistance by the end of next year.

CoinDesk said the target is three years ahead of the deadline set by the U.S. National Security Agency, or NSA, for transitioning national security systems to quantum-resistant standards.