Will Quantum Computers Harm Blockchain?

Quantum Computers Could Shake the Security of Web3: The Race of ZKP and NIST Begins

Quantum computing leads to a whole new security equation in the Web3 ecosystem. With RSA and ECC encryptions under threat, could ZKP and quantum resistant algorithms be the solution? In this article, we cover this critical technological transformation that could impact the future of crypto assets.

🔐 Quantum Threat and the Future of Crypto Encryption

• Quantum computers have begun to achieve computing power at the level that can break classical encryption algorithms.
• The Shor algorithm makes the basic cryptographic systems of platforms such as Bitcoin and Ethereum decipherable.
• Malicious actors who collect data from today with the “harvest now, decrypt later” strategy could pose a threat in the future.
• The quantum threat is pushing Web3 projects to look for next-generation security solutions.
• According to Dr. John Preskill, an unprepared Web3 could be prone to disaster.

🛡️ NIST's Quantum Resistive Cryptography Breakthrough

• The Crystals-Kyber, Crystals-dilithium, and SPHINCS+ algorithms proposed by NIST were designed to be resistant to quantum attacks.
• These standards provide a new foundation for the future Web3 security architecture.
• But decentralization complicates the implementation of this transition.
• The need for community support and consensus can slow down the process.
• While platforms like Ethereum are more open to migration, systems like Bitcoin can experience challenges.

🕵️ ZKP's Strong Privacy Advantage and Challenges

• ZKP supports privacy in DeFi and NFTs with the ability to authenticate without disclosing information.
• Projects like StarkNet are making revolutionary strides in scalability and anonymity.
• ZKPs are already taking the lead in the short term by offering practical and effective solutions.
• But current ZKP algorithms may be vulnerable to quantum computers.
• Therefore, the development of quantum resistant ZKPs is of great importance.

📣 What Experts Say: Is The Future In Hybrid Systems?

• Dr. Michele Mosca argues that quantum-resistant ZKPs can combine privacy and security.
• Dr. Tanja Lange notes that developers need to urgently test post-quantum scenarios.
• Communities should openly share the quantum transition plans of their projects.
• Quantum-powered hybrid blockchain systems may come to the fore in the near future.
• These developments will shape not only security, but also the future architecture of Web3.

📉 Investor Perspective: Risks, Opportunities and Roadmap

• Roadmaps to the quantum transition of Web3 projects can directly influence investors' decisions.
• The risk is that projects that fail to keep up with technological transformation suffer devaluation.
• The opportunity lies in the strengthening of early adopter and open to innovation platforms.
• Investors should review the technical documentation and security strategies of the projects they support.
• Projects that are ready for the post-quantum era can offer a more resilient investment profile.

🧠 Expert Review

In the short term, ZKP solutions stand out for their practicality, while in the medium term the integration of quantum resistant algorithms will be decisive. In the long term, the combination of ZKP and quantum cryptography could create Web3's sustainable security infrastructure. The risk for investors in this period is to turn to projects that cannot keep up with technological transformation, while the opportunity lies in innovative platforms prepared for the quantum transition.

✅ Take Action

The future of Web3 is shaping up, and it's critical to be an informed investor in the process. Examine the quantum blueprints of the projects you support, inquire about security infrastructures.
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🛑 Disclaimer

This content is created by Investment Desk AI and does not constitute investment advice. You should make your decisions based on your own research and expert advisors.

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