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Nine crypto institutions establish Quantum Alliance to address quantum risks

PANews October 18 According to Decrypt, nine blockchain-related organizations announced the establishment of the Quantum Alliance, aiming to develop unified “quantum-ready” open standards to define and verify claims of quantum resistance for networks, wallets, and infrastructure, while also establishing migration compatibility rules. The alliance is modeled after the Internet Engineering Task Force (IETF), with work to be advanced through working groups: blockchain migration, post-quantum zero-knowledge systems, wallet security, and cross-chain compatibility. Founding members span areas including underlying protocols, privacy networks,Rollup, hardware wallets, and security auditing, including Quantus,Postquant Labs、Midnight Foundation, Keystone, Abelian, and Hacken. The alliance noted that elliptic-curve signatures currently used by mainstream blockchains have put approximately 6040000 bitcoins...

Source: https://www.panewslab.com/zh/articles/01a14c64-12f5-75d0-a131-242ea85c1555