Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Post-Quantum Solution for Asset Storage Launched on Solana

Post-Quantum Solution for Asset Storage Launched on Solana

CoinspaidmediaCoinspaidmedia2025/01/07 04:55
By:Coinspaidmedia

A new solution for asset storage, designed to withstand quantum computing attacks, was introduced on the Solana blockchain.

Post-Quantum Solution for Asset Storage Launched on Solana image 0

Developers unveiled Winternitz Vault, an open-source, quantum-resistant asset storage solution for Solana. This technology leverages an advanced hash-based signature system, generating unique keys for every transaction. The solution is now available to Solana users as an optional add-on.

Post-quantum technologies encompass a range of methods and solutions that ensure security and efficiency of digital systems in the era of growing accessibility to quantum computers.

The solution integrates several key technologies:

  • Winternitz One-Time Signatures (WOTS);
  • a truncated version of Keccak256 Hash Function with a 224-bit output;
  • Program-Derived Addresses (PDA).

Winternitz Vault enables users to create vaults, each with a unique address. Opening and closing vaults, as well as confirming transactions, relies on WOTS. The PDA serves as an intermediary address, hiding user data and creating an isolated space for operations. This technology eliminates the risk of quantum computing attacks using public keys, as the main account keys remain concealed.

In March 2024, Vitalik Buterin emphasized the importance of preparing blockchains like Ethereum for quantum computing threats. Two months later, the first EVM-compatible blockchain network combining quantum resistance and support for smart contracts in any programming language was launched .

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!