Quantum Also Adds Proof-of-Ownership Headaches

Quantum Also Adds Proof-of-Ownership Headaches

Blockchain protocols preparing for the quantum computing threat should also consider how to quickly verify ownership on the blockchain if funds are stolen, the development and research team behind the layer-1 NEAR Protocol said. Concerns that quantum computers could eventually break blockchain cryptography have fueled worries about private keys and wallet security, but most of the conversation has focused on preventing such attacks. “We won’t be…

Quantum attacks could worsen without proof of ownership: Near One

Near One says blockchains may need new ownership verification systems if quantum attacks compromise wallet keys and expose private assets.

Near One warns quantum attacks could create crypto ownership crisis

Near One warns quantum attacks could make crypto ownership hard to prove as NEAR prepares a quantum-safe signing testnet rollout by Q2 2026.

NEAR Takes Blockchain Security Into The Future With Post-Quantum Cryptography

Quantum computing has shifted from theoretical concept to research lab curiosity, and is now emerging technology which will ultimately revolutionise several industries. The semi-central role that blockchain technology plays in this Chain Reaction of modern life depends on cryptographic systems, all of which are fundamentally weak and can potentially be attacked by a sufficiently powerful quantum computer. With increasing worries across the crypt…