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Quantum-Resistant Cryptography updates

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Quantum-Resistant Cryptography updates

Quantum resistance is quickly moving from being a "category" or "narrative" to being a requirement ALL chains are trying to prepare and solve for.

You have seen ETH, SOL, ADA, HBAR, ALGO, and many more start to talk about the pieces they may have in place, or their 3 year plans to deliver the necessary upgrade.

Why is Post Quantum Cryptography necessary? Unfortunately, despite all the damage control out there, the risk exists that today's cryptography will be broken. The reason ETH and ADA acknowledge 3 year plans is they know this is not a simple solution. It will be disruptive and is not exciting or value added- it takes away from building other things.

Meanwhile, there are a handful of projects that started building years ago.

QRL delivered their PQC chain 7 years ago. 3 years ago they embarked on offering evm compatibility and moving to PoS. This upgrade, called Zond, looks to be nearing completion. There was some discussion of a recent exchange unloading tokens, but they look to have recovered from that.

QANX has been working on their full product for 4+ years. It has aimed to deliver a product that can leverage the ethereum ecosystem while still signing with quantum resistance. They also have aimed to make this the most business/developer friendly chain they can imagine. Currently in 5th month of mainnet audit- and the quiet wait has left the price bleeding. This is the project that I began following years ago and remain a holder as I am interested in seeing blockchain deliver business value. They recently announced a partnership with IBM which leads me to believe they are on their way to delivering their vision.

CELL has been quiet lately- I haven't seen much going on.

As for BTC, the conversations have been progressing. There is at least one BIP being discussed, but like the other large altcoins, this is a major challenge that will take time to deliver an acceptable solution with consensus.

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