IOG Has Already Started Process of Making Cardano Resistant Against Quantum Attacks – CryptoGlobe

Cardano creator Charles Hoskinson says Input Output (aka IOG, aka IOHK) has started preparing for future attacks on the Cardano network by quantum-powered adversaries.

Quantum computing is a type of computation that harnesses the collective properties of quantum states, such as superposition, interference, and entanglement, to perform calculations and the devices that perform quantum computations are known as quantum computers.

As reported by The Daily Hodl, in a recent video released on his YouTube channel on December 6, Hoskinson said the first step in the long process of making Cardano quantum-resistant was to run simulations to test Cardanos algorithms:

The first thing you need to do is model the algorithms we have against the quantum adversary. We have started that process, but thats not in scope for the deliverables in 2022. However, the knowledge is there, the people are there and if its a priority for the next five years of Cardano, its something that can be done.

Hoskinsom, who believes that math and science is not where it needs to be to have acceptable trade-offs, explained what the Cardano team should be doing now to prepare for the future:

It makes more sense to model out all the theoretical properties you have to adhere to and improve the state of the art of mathematics so that we have better primitives to work with to actually ameliorate the issues of quantum computers and thats what were doing and its an academic exercise at the moment.

Its not a real problem today, its not a concern. There is no working quantum computer that poses a threat to any cryptographic system.

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

See original here:

IOG Has Already Started Process of Making Cardano Resistant Against Quantum Attacks - CryptoGlobe