Anthropic · Bitcoin · CoinDesk
Researchers often call the point at which such machines become practical “Q-Day
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Developers at payments-focused blockchain firm Ripple say they are swiftly preparing the XRP Ledger for a future in which the cryptography that protects wallets and transactions may no longer be sufficient.
Key facts
- The goal is not to wait until quantum computing becomes an immediate threat,” Ayo Akinyele, senior director of engineering at Ripple, told CoinDesk — It is theorized a sufficiently powerful quantum computer could eventually break some of the mathematical protections used by blockchains and banks today
- Researchers often call the point at which such machines become practical “Q-Day
- Developers at payments-focused blockchain firm Ripple say they are swiftly preparing the XRP Ledger for a future in which the cryptography that protects wallets and transactions may no longer
Summary
Ripple has outlined a four-stage plan to prepare the XRP Ledger for quantum computers that could eventually expose the private keys protecting digital assets. The strategy calls for assessing vulnerabilities, testing quantum-resistant cryptography, running old and new security systems in parallel and maintaining an emergency response if the threat develops faster than expected. Ripple says the transition will require coordination among independent validators and broader infrastructure upgrades, while also accounting for increasingly efficient AI-assisted attacks. “The goal is not to wait until quantum computing becomes an immediate threat,” Ayo Akinyele, senior director of engineering at Ripple, told CoinDesk.