Algorand to Introduce Quantum-Resistant Framework Across Network by End-2027

Algorand plans to introduce quantum-resilient technology across its network by the end of 2027 to address threats posed by quantum computing.

Cointelegraph reported on June 19 that Algorand Foundation Chief Technology Officer Bruno Martins had outlined a roadmap aimed at delivering broad quantum resilience across the network.

Under the plan, Algorand will introduce a new account structure built on quantum-resistant cryptography. The network will support accounts based on Falcon, a quantum-resistant digital signature scheme, and it also plans to transition its current consensus mechanism to one designed to withstand attacks from quantum computers.

Algorand also plans to overhaul how accounts participating in consensus are operated. It said it is considering several alternatives, including a hybrid model that combines existing cryptography with quantum-resistant signatures.

Quantum computing is regarded as a next-generation technology with computing power far beyond that of conventional supercomputers. The industry has raised concerns that once sufficiently powerful quantum computers emerge, they could render ineffective the public-key cryptography that protects blockchain wallets and transactions.