Ethereum Sets End-2029 Target for Quantum

• The Ethereum Foundation said it has made preparations for quantum-computing attacks its top priority and plans to complete a network security framework by December 2029.
• The foundation said it will upgrade transaction processing, validator operations and data storage so they can withstand quantum-computing attacks, and the timeline will be reviewed in January after an outside expert review.
• The foundation said it plans to carry out five hard forks to apply post-quantum cryptography after the Hegotá upgrade next year, while overhauling wallets, validator signature methods and the public-key management system in stages.

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The Ethereum Foundation has made defenses against quantum-computing attacks its top priority and aims to complete the related work by the end of 2029.

CoinDesk reported on Sept. 8 that the foundation plans to finish upgrading the network by December 2029 so it can withstand quantum-computing attacks across transaction processing, validator operations and data storage.

Quantum computers have not yet advanced to a point where they threaten Ethereum’s cryptographic system. Still, the foundation brought forward its target after weighing forecasts that quantum machines capable of breaking existing cryptography could emerge as early as 2030. The timeline will be reviewed again in January after an assessment by outside experts.

The Hegotá upgrade, scheduled for next year, is not intended to make Ethereum immediately resistant to quantum computing. Instead, it will lay the groundwork for subsequent hard forks to roll out post-quantum cryptography on schedule.

The foundation also plans to replace the current signature methods used by wallets and validators with quantum-resistant alternatives. It will also revamp validator authentication and public-key management in stages. Five hard forks covering that work are planned after Hegotá.

#Crypto Security
#Quantum Computing
ETH

Source: en.bloomingbit.io