Promotion: Anchor Wallet can mint 1 mole of $thinair

The Future is Coming. Get There First.

The future of your blockchain is the extension of you, your values, and your security. Protect it from quantum threats before it’s too late.

Quantum computers are programmed with quantum circuits that cannot be efficiently simulated with classical computers. They enable shortcuts for issues not possible to solve by classical bits and transistors of our current computers.

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Quantum computers are known to be good at breaking cryptography and simulating quantum systems. While future large-scale quantum computers force us to upgrade the cryptography of current systems today, they will also enable a new industrial revolution and qualitatively expand our ability to design new molecules, drugs, and materials at an exponentially faster rate.

Practically anyone invested or involved in cryptography is positioned to become a target. Current major blockchains are vulnerable to quantum attacks and once broken, it will be impossible to differentiate between a real wallet owner and a hacker who forged a signature of one. Blockchain businesses, creators, and users are all vulnerable to quantum computing and any data, assets, or investments within the crypto-verse are subject to attack.

Blockchain Eliptic Curve

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Empirical Risk Assessment

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Current Best Estimates

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Early Fault-Tolerant Experiments

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Projections For Breaking RSA

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secp256k1

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Quantum Computing Threat

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Solution Implementation

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Securing Vulnerability

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To secure funds and digital assets, we’ve built the Anchor wallet that uses well-known methods resistant to quantum computers at the cost of using bigger keys.

Anchor uses the one-time signature scheme of Lamport signatures uses a random number generator and a cryptographically secure one-way hash function to arm your assets against quantum computers. We’ve added a requirement for a second stamp with stronger magic, this magic cannot be reversed by a quantum computer.

What IBM has to say

What Amazon has to say

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Quantum computers are physical devices that harness the laws of quantum mechanics to efficiently solve some types of problems that would otherwise take ages on machines designed to operate only from classical physics principles.

Quantum computers will have the ability to recover the private keys from the public keys stored on blockchains. Almost all blockchains use elliptic curve cryptography for signing transactions on a ledger. While elliptic curve cryptography cannot be hacked with a classical computer, it is one of the easiest methods to break with a large enough quantum computer using Shor's discrete logarithm algorithm.

Quantum computers will have the ability to recover the private keys from the public keys stored on blockchains. Almost all blockchains use elliptic curve cryptography for signing transactions on a ledger. While elliptic curve cryptography cannot be hacked with a classical computer, it is one of the easiest methods to break with a large enough quantum computer using Shor's discrete logarithm algorithm.

secp256k1 refers to the parameters of the elliptic curve used in Bitcoin's public-key cryptography, and is defined in Standards for Efficient Cryptography (SEC) (Certicom Research, http://www.secg.org/sec2-v2.pdf). Currently Bitcoin uses secp256k1 with the ECDSA algorithm, though the same curve with the same public/private keys can be used in some other algorithms such as Schnorr.

secp256k1 was almost never used before Bitcoin became popular, but it is now gaining in popularity due to its several nice properties. Most commonly-used curves have a random structure, but secp256k1 was constructed in a special non-random way which allows for especially efficient computation. As a result, it is often more than 30% faster than other curves if the implementation is sufficiently optimized. Also, unlike the popular NIST curves, secp256k1's constants were selected in a predictable way, which significantly reduces the possibility that the curve's creator inserted any sort of backdoor into the curve.

secp256k1 was almost never used before Bitcoin became popular, but it is now gaining in popularity due to its several nice properties. Most commonly-used curves have a random structure, but secp256k1 was constructed in a special non-random way which allows for especially efficient computation. As a result, it is often more than 30% faster than other curves if the implementation is sufficiently optimized. Also, unlike the popular NIST curves, secp256k1's constants were selected in a predictable way, which significantly reduces the possibility that the curve's creator inserted any sort of backdoor into the curve.

P2PK addresses on Bitcoin (for which the public key is recorded on the blockchain) are at imminent risk.

The Pauli Group solution: assess the risk empirically with application benchmark challenges that can be used to measure the progress of the large-scale integration of quantum computing systems. Specifically, these benchmarks will take the form of challenge for near- and mid-term fault-tolerant devices meant to quantitatively assess the risks of cryptographic assets.

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