Digital Signature and Cryptocurrency: a16z Analyzes the Real Threat from Quantum Computing

robot
Abstract generation in progress

Recently, a16z Crypto published a detailed report on the threats that quantum computers could pose to cryptocurrencies. However, according to PANews, this analysis reveals that the common concerns in the market are actually exaggerated. Experts believe that the likelihood of a sufficiently powerful quantum computer emerging before 2030 is extremely low.

Quantum Risk Is Actually Lower Than Expected

The report from a16z Crypto emphasizes that today’s public blockchain technology is not as vulnerable to quantum attacks as many imagine. The standard digital signature systems used in Bitcoin and Ethereum have superior layers of protection. Additionally, zero-knowledge proof solutions like zkSNARKs also possess robust security mechanisms against attacks based on the “collect now, decode later” model.

Zero-Knowledge Signature and Proof Systems Are Not Easily Attacked

The technical characteristics of modern signature systems and available zero-knowledge protocols make the risk from quantum threats insignificant. Cryptocurrencies do not need to rush to adopt quantum-resistant solutions that are not yet fully tested, as this process could introduce new issues related to performance, technological uncertainty, and potential security vulnerabilities.

Immediate Challenges That Need Prioritization

In fact, Bitcoin and Ethereum face more urgent risks than the threat from quantum computers. These issues include the complexity of protocol upgrades, governance challenges, and potential bugs in the implementation layer. Moreover, code errors, side-channel attacks, and bug injections remain clear and present dangers more immediate than anything related to quantum threats.

A Reasonable Roadmap for Protection Must Be Planned

a16z Crypto advises blockchain developers to build quantum resistance roadmaps based on reasonable scientific assessments of timing, rather than being driven by fear. Development resources should be prioritized for security audits, fuzz testing, and formal verification—tools that can immediately mitigate traditional security risks. This strategy ensures that cryptocurrencies are not only safer today but also prepared for the future.

BTC-4,72%
ETH-11,1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)