2 days ago

Tezos launches quantum-resistant private payments prototype on testnet

Tezos launches quantum-resistant private payments prototype on testnet

The testnet system uses post-quantum cryptography and zk-STARK proofs to protect encrypted transaction data from future quantum computing attacks.

Developers behind the Tezos ecosystem launched a testnet prototype for private blockchain payments designed to resist future quantum computing attacks, as concerns grow that advances in quantum technology could eventually compromise existing blockchain privacy systems.

The prototype, called TzEL, uses post-quantum cryptography and zk-STARK proofs to shield transaction data and encrypted payment metadata that could otherwise be vulnerable to “harvest now, decrypt later” attacks, where encrypted blockchain data collected today is decrypted in the future, according to Tezos.

The prototype also uses Tezos’ Data Availability Layer to handle the larger proof sizes associated with post-quantum cryptography, which developers say has been one of the main technical barriers to building scalable quantum-resistant privacy systems onchain.

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Source: Cointelegraph →