🚀 Crypto News:
🔹 Dr. XinXin Fan from IoTeX just received the Best Paper award for research on post-quantum security for Ethereum. Using zero-knowledge hash technology to protect the network from quantum threats.
🔹 ECDSA is currently vulnerable to attacks by quantum computers, but it can be mitigated with zero-knowledge proof. Users can continue to use their current wallets, just needing to add a security proof.
🔹 There needs to be a balance between security and user experience for a smooth transition to post-quantum standards.
🔹 NIST recommends transitioning before 2035. Despite rumors about quantum computers breaking encryption, the reality has not yet reached a dangerous level.
💬 What do you think about the future of blockchain security? Share your thoughts! #CryptoNews #Blockchain #QuantumSecurity