Komodo (KMD) Adds Quantum Security

“Komodo is pleased to announce the integration of Dilithium, a quantum-secure digital signature scheme. Now, quantum security is an optional plug-in available to all projects that create a blockchain within the Komodo ecosystem. Read this blog post to learn more about Dilithium quantum security.” Read More — Daniel Pigeon, Technical Writer

Summary

Komodo integrated Dilithium, a quantum-secure digital signature scheme that provides protection against attacks from quantum computers.

Quantum security is now an optional plug-in available to all projects that create a blockchain within the Komodo ecosystem.

Rather than entering an ordinary address of random numbers and letters, Dilithium users will simply enter handles into a GUI and click send.

This adds an additional consensus rule that requires each transaction to be signed twice: once in accordance with the blockchain’s original digital signature process, and then a second time according to Dilithium’s new quantum-resistant signature process.

Significance

Quantum computing is expected within the next 5 to 10 years and will eventually make cracking current cryptographic digital signature schemes trivial. This could jeopardize all of modern cryptography as we know it.

Staying ahead of the curve and starting to develop quantum-resistance blockchain technology will be important to the future viability of cryptocurrency. Komodo’s technology is helping to address these concerns and making it convenient with an optional plug-in available to all projects that create a blockchain within the Komodo ecosystem.

KMD price at time of Blockfolio Signal: $1.14

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