Quantum-Safe Crypto: SEC’s Framework for Securing Digital Assets
Quantum computing is no longer a far-off concept; it’s here, and it’s disrupting everything, including the crypto world. The SEC is aware of this and is stepping in to create a quantum-safe framework to keep digital assets secure. Let’s dive into what this means for the future of crypto and how both the SEC and decentralized organizations are gearing up to handle this challenge.
The Threat of Quantum Computing on Cryptocurrency Payments
As we all know, quantum computing can break a lot of the encryption methods we rely on to keep our assets secure. Algorithms like Shor’s can factor large numbers super quickly, which puts public-key cryptography schemes—like RSA and ECC—in a precarious position. Imagine the chaos if someone…
