Crypto NewsAltcoinAn Altcoin Has Already Announced Its Readiness Against The Great Quantum Threat

An Altcoin Has Already Announced Its Readiness Against The Great Quantum Threat

An altcoin has claimed to be prepared for the threat of quantum computing following recent assessments.

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The Solana Foundation has already taken steps to address the security risks that quantum computers may create in the future. The foundation announced a collaboration with Project Eleven, a company specializing in post-quantum security, aiming to strengthen the long-term resilience of the Solana network.

The statement said, “Quantum computers aren't here yet, but the Solana Foundation is preparing for that possibility.”

According to the published press release, Project Eleven conducted a comprehensive threat assessment for the Solana ecosystem as part of the collaboration. This study analyzed in detail the potential impacts of future quantum technologies on Solana's core infrastructure, user wallets, validator security, and long-term cryptographic assumptions. Furthermore, Project Eleven developed a working Solana testnet using post-quantum digital signatures, demonstrating that end-to-end quantum-resistant transactions are both feasible and scalable.

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Matt Sorg, Vice President of Technology at the Solana Foundation, stated that they have a responsibility to ensure the network remains secure not only today but also for decades to come. Highlighting the rapid development culture of the Solana ecosystem, Sorg noted that a second client and an advanced consensus mechanism will be implemented this year. He said that this work with Project Eleven is one of the early and concrete steps taken to strengthen the network's long-term resilience.

*This is not investment advice.

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