A Way to Tackle Emerging Cyber Threats on the Blockchain
Dave Krauthammer & Rodney Holmes / Cryptosaurus Network / 11 July 2023
aspects of life. Unfortunately, it also presents a serious threat to the security of blockchain networks. While blockchains are typically considered secure against today’s cyber attacks, they are vulnerable to threats posed by quantum computers. In order for blockchain networks to remain safe and secure, steps must be taken to protect them from the potential threat of quantum computing.
One of the most effective ways to protect a blockchain network from quantum computing is by implementing ‘Quantum Resistant’ algorithms. These algorithms are designed in such a way that they are resistant to attack from Quantum computers. By using these algorithms, a blockchain network can remain secure even against the most powerful of quantum computing systems.
Another important aspect of protecting a blockchain network is to use encryption techniques that are resistant to attack from quantum computers. By using these techniques, the data stored on the blockchain will be protected from potential attacks by malicious actors with access to quantum computing technology.
Finally, it is also possible to use ‘Quantum secure’ data structures. These are structured in such a way that they are resilient against attack from quantum computers, while still allowing for the efficient storage and retrieval of data on the blockchain.
These measures will help ensure that blockchains can remain secure even in a world with powerful quantum computing technology. As more blockchain networks come online, it is important that steps are taken to protect them from the potential danger posed by quantum computing. By taking the necessary measures, the integrity and security of blockchain networks can be maintained in the face of this emerging technology.
Read the full article from Cryptosaurus Networks here.
