Someone with a quantum computer could take the chain right before quantum signatures are introduced and build an alternative one that is longer than the current one and publish it. Node following the longest chain would switch to this chain… no?
So are we safe even without quantum signatures? If quantum computer breaks signatures and hashes, couldn’t it just compromise every stake pool? It would be akin to owning every pool.
Well you have the attack vector for the Blockchain and your private key for your wallet address.
Both will need Quantum Safe signatures.
To break your wallet f it doesn’t have Quantum Safe signed key will be a pancake.
To break the Blockchain in PoS you will still need to have control over 2/3-rd or the pools.
This is how I understood it. Maybe others can verify?
Of course your pools would have certificates as well to operate and if they are not Quantum Safe then breaking those would make gaining access to control these pools easier.
Then you have all the network level protocols as well.
I am so happy Cardano is a pioneer Blockchain for Quantum Secuirty. They have also very good relationship with IBM. So we are safe
No. My understanding is that with proof of work like Bitcoin the longest chain is followed. With the Cardano Ouroborus proof of stake protocol only the genesis (first) block is needed and then the correct chain is mathematically proven/calculated locally on your local copy of the blockchain.
Thank you for sharing this information here! The concept if quantum computing is absolutely fascinating and terrifying at the same time… it’s really hard to imagine a world in which quantum computing is available to private and public organizations… I have faith that if there is a cryptocurrency with protocols designed well enough to adapt to quantum capabilities, it is Cardano!
Hello, newbie here. Really excited about the community and vision of this ecosystem. One main concern is the threat of quantum computing. I’ve been searching for an update to this chain (or any info anywhere) with the current status of Cardano’s efforts in this area. Any info in the last couple of months would be greatly appreciated.