Charles Hoskinson discussed Cardano's path to quantum resistance, amidst advancements in quantum computing and US government standards for post-quantum cryptography.
He highlighted the pace of quantum computing progress and emphasized the need to update cryptography within 5–10 years.
The US NIST released post-quantum encryption standards, prompting a shift towards algorithms resistant to quantum attacks.
Hoskinson warned about the threat of Shor's algorithm to current security models based on elliptic curve cryptography.
He outlined a three-step plan for Cardano's quantum resistance, including developing a quantum-secure model, creating a post-quantum proof chain, and full integration.
The plan involves auditing algorithms, separating Cardano into two chains, and eventually merging post-quantum elements into the main chain.
Hoskinson mentioned challenges such as slower post-quantum algorithms and larger signatures but expressed optimism for hardware support.
The transition timeframe spans several years, with phases for research, building a proof chain, and integrating post-quantum schemes.
Hoskinson stressed the importance of collaboration within the Cardano ecosystem and with leading cryptographers for systematic checks.
At the time of the article, ADA traded at $0.797 as Cardano aims to adapt to quantum computing challenges.