Blockchain

Backwards-compatible quantum fix found, but not for Bitcoin and Ethereum

Sui Analysis has launched a cryptographic framework that would supply safety towards quantum computing threats with out requiring arduous forks, tackle modifications or key updates.

Cryptographer Kostas Chalkias wrote in a Monday X publish that the current analysis paper he co-authored with Sui Analysis constitutes “a serious breakthrough in quantum transition of ‘some’ blockchains.” He defined that whereas the brand new strategy would apply to Sui, Solana, Close to, Cosmos and different networks, it will not apply to Ethereum and Bitcoin.

“So far as I do know, that is the primary backward-compatible quantum-safe improve path for blockchain wallets to keep away from future forks or freezing accounts,” Chalkias stated.

Dan Dadybayo, a researcher at Unstoppable Pockets, informed Cointelegraph that this paper “is without doubt one of the most necessary cryptographic breakthroughs we’ve seen in recent times.” He defined that it allows quantum-safe pockets upgrades with out requiring modifications to addresses, re-signing or a tough fork.

A tough fork is a everlasting change to a blockchain’s protocol that’s not backward-compatible, which means nodes operating the outdated software program can’t validate blocks created below the brand new guidelines.

Onerous forks have the potential to be contentious and lead to two separate networks if not absolutely adopted by community maintainers. Notable examples embrace Bitcoin (BTC) and Bitcoin Money (BCH), in addition to Ether (ETH) and Ethereum Basic (ETC).

IBM Quantum System One in Ehningen, Germany. Supply: Wikimedia

Associated: Quantum computer systems might deliver misplaced Bitcoin again to life: Right here’s how

The looming quantum risk

Whereas Chalkias stated he doubts “we’re wherever close to quantum supremacy that may break cryptography quickly,” the risk is acknowledged as actual by many consultants.

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As quantum computer systems change into more and more able to breaking the cryptography that underpins blockchains, builders are searching for options with rising urgency.

Within the case of Bitcoin, there are additionally more and more heated group discussions. Throughout a mid-April interview with Cointelegraph, early cypherpunk Adam Again, cited by Satoshi Nakamoto within the Bitcoin white paper, advised that quantum computing strain might reveal whether or not the blockchain’s pseudonymous creator is alive.

Again defined that quantum computing might make the Bitcoin held by Satoshi Nakamoto susceptible to being stolen, forcing him to maneuver it to a brand new tackle to keep away from dropping entry to his cash. The Bitcoin group may be pressured to determine whether or not to freeze addresses which are susceptible to a quantum computing assault when these assaults change into sensible. Chalkias added:

“As soon as quantum computer systems arrive, thousands and thousands of wallets, together with Satoshi’s, may very well be drained immediately. In case your public key’s seen, it is going to finally be cracked.“

Associated: Bitcoin’s quantum countdown has already begun, Naoris CEO says

How this innovation modifications the equation

Most options to the quantum computing risk embrace altering keys to new ones based mostly on post-quantum cryptography and a deep rework of the software program that he community is predicated on. As an alternative, with the newly advised resolution, it will be doable to carry out quantum-safe pockets upgrades with out altering addresses, re-signing or requiring a tough fork.

The breakthrough focuses on chains that use the Edwards-curve Digital Signature Algorithm, or EdDSA.

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Dadybayo stated that “that is doable as a result of EdDSA-based [Edwards-curve digital signature algorithm] chains like Sui, Solana and Close to derive non-public keys deterministically from a seed which can be utilized in zero-knowledge proofs to authorize a safe transition, even for dormant accounts.” Zero-knowledge proofs enable customers to show that they know the seed from which their keys are derived with out revealing the important thing.

Tomer Ashur, scientific director at cryptography analysis agency 3MI Labs, informed Cointelegraph that this strategy “permits to cover sure information {that a} quantum adversary would want for attacking the scheme.” He added:

“Moderately than changing EdDSA, what this strategy does is to fortify the algorithm towards quantum assaults. ”

The chain can settle for this zero-knowledge proof as an authorization to simply accept a post-quantum public key because the community’s new key. This might keep away from the necessity for brand spanking new account IDs (the outdated EdDSA public key would nonetheless be used), re-signing of outdated transactions or a tough fork.

Most significantly, dormant accounts are lined. In different phrases, if Bitcoin used EdDSA signatures from its inception, there could be no heated discussions round whether or not Satoshi Nakamoto’s Bitcoin could be frozen sooner or later.

Robert Roose, founding father of Cardano interoperability protocol Mynth, admitted that — if the paper is appropriate — this can be a main improvement. “Caveat on the if,” he added.

Journal: Bitcoin vs. the quantum laptop risk: Timeline and options (2025–2035)

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