IOG has started 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.
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 Cardano’s algorithms:
“The first thing you need to do is model the algorithms we have against the quantum adversary. We have started that process, but that’s not in scope for the deliverables in 2022. However, the knowledge is there, the people are there and if it’s a priority for the next five years of Cardano, it’s something that can be done.“
Hoskimson said, “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 that’s what we’re doing and it’s an academic exercise at the moment. It’s not a real problem today, it’s not a concern. There is no working quantum computer that poses a threat to any cryptographic system.“
NOTE: Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, Ada. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson