Summary
- Sui Research announced the release of a paper suggesting a new cryptographic framework that can address the security threats of quantum computers.
- The framework provides existing blockchain networks with the possibility to secure quantum resistance without requiring hard forks, wallet address changes, or key replacements.
- It can be applied to modular blockchain structures such as Sui, Solana, NEAR, and Cosmos, but it is reportedly difficult to implement for Bitcoin and Ethereum.
According to Cointelegraph, a cryptocurrency-focused media outlet, on the 30th (local time), Sui Research has published a paper introducing a new cryptographic framework capable of countering the security threats posed by quantum computers.
The paper demonstrates the possibility for existing blockchain networks to achieve quantum resistance without hard forks, wallet address changes, or key replacements.
The framework can be applied to modular blockchains such as Sui (SUI), Solana (SOL), NEAR (NEAR), and Cosmos (ATOM); however, it is said to be difficult to apply to Bitcoin (BTC) and Ethereum (ETH).
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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