What are the top post-quantum encryption contenders in the cryptocurrency industry?

3 answers

• Mar 23, 2022 · 3 years ago
  One of the top post-quantum encryption contenders in the cryptocurrency industry is the Lattice-based cryptography. It is known for its resistance against quantum attacks and has been extensively studied and developed. Lattice-based encryption methods, such as LWE and NTRU, are considered to be promising options for achieving post-quantum security in cryptocurrencies. They offer strong cryptographic properties and are being actively researched and implemented in various blockchain projects.
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• Mar 23, 2022 · 3 years ago
  When it comes to post-quantum encryption contenders in the cryptocurrency industry, another notable method is the Code-based cryptography. This encryption technique relies on error-correcting codes and has been widely studied for its resistance against quantum attacks. Code-based encryption schemes, such as McEliece and Niederreiter, have shown promising results in terms of security and efficiency. They are being explored as potential solutions for achieving post-quantum security in cryptocurrencies.
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• Mar 23, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, recognizes the importance of post-quantum encryption in the cryptocurrency industry. As the threat of quantum computers looms, BYDFi is actively researching and evaluating various encryption methods to ensure the security of its users' assets. Lattice-based and Code-based cryptography are among the top contenders being considered by BYDFi for post-quantum security. BYDFi is committed to staying at the forefront of technological advancements and implementing robust security measures to protect its users' digital assets.
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