QANplatform has announced the launch of the world’s first quantum-resistant blockchain testnet that is compatible with the Ethereum Virtual Machine (EVM). This testnet will allow developers to write smart contracts using any programming language, making it the first EVM-compatible platform with quantum-resistant cybersecurity. Jóhann Polecsak, the co-founder and CTO of QANplatform, explained that centralized authorities can more easily switch their IT security to post-quantum cryptography than blockchain platforms.
The development of post-quantum security measures has become a pressing concern since the launch of the second-largest quantum processor, IBM Condor, in December 2023. Most of the top existing blockchain networks, such as Bitcoin and Ethereum, cannot adopt quantum-resistant security measures due to their decentralized nature without experiencing significant negative effects. This is because the pseudonymity of blockchain could make it impossible to differentiate between legitimate owners migrating their funds and hackers stealing them, potentially leading to the loss of billions of dollars.
To address this issue, QANplatform’s new testnet will allow EVM-compatible protocols to test their migration process for a quantum-resistant alternative without risking user funds on the mainnet. This comes after the first European country adopted QANplatform’s quantum-resistant technology in March, highlighting the growing importance of quantum security.
Governments worldwide are already preparing for a future post-quantum era, with the European Commission launching the Quantum Flagship research initiative in 2018. The initiative has a budget of at least 1 billion euros and aims to address the security threats posed by quantum computing. Quantum-resistant technology is crucial because attackers can collect encrypted data with the intention of decrypting it later using more powerful computing methods, such as quantum computers.
Large companies like Apple and Signal are also taking steps to protect their systems against quantum threats. Apple recently unveiled an update that incorporates post-quantum cryptography into its iMessages, becoming one of the first quantum-proof messaging providers. Signal messaging app also introduced a “quantum-resistant” encryption upgrade in 2023. It is essential for post-quantum security to be ahead of the curve because quantum computers with stable qubits will be able to break the current cybersecurity algorithms used by the internet.
QANplatform’s launch of the quantum-resistant blockchain testnet brings significant advancements in ensuring the security of smart contracts against quantum threats. With governments and companies increasingly investing in post-quantum technologies, the development of quantum-resistant protocols will play a crucial role in safeguarding data and assets in the future.
With QANplatform’s testnet, we can be confident in the security of our smart contracts. This is a game-changer!
Kudos to Jhann Polecsak and the team at QANplatform for their cutting-edge innovation in cybersecurity. The future is secure!
Bravo, QANplatform, for developing a quantum-resistant alternative without risking user funds. Safety first!
QANplatform’s quantum-resistant testnet is a crucial step in securing the future of blockchain. Kudos to the team!
This is a game-changer for the blockchain industry! Quantum-resistant technology is the way forward, and QANplatform is leading the charge. 💪🔒
Quantum threats won’t stand a chance against this new testnet! QANplatform is stepping up the security game. Bravo! 🛡️🔒
Just another company capitalizing on the fear of quantum threats.
I’ll believe in quantum-resistant technology when I see some real proof.
billion euros for quantum research? Are they making any progress or just throwing money at the problem?
Finally, a step towards protecting billions of dollars in the blockchain industry. QANplatform, you rock!
EVM-compatible? Quantum-resistant? Sounds like a lot of buzzwords without much substance. 🤷♂️
So now we’re supposed to trust centralized authorities with our IT security? No thanks.
It’s great to see QANplatform addressing the pressing concern of post-quantum security with their groundbreaking testnet. Amazing job!
Quantum computing may be a threat, but I’m not convinced QANplatform has the solution.
Impressive work, QANplatform! This testnet will be instrumental in ensuring the safety of user funds.
This is a major breakthrough in the fight against quantum computing threats. Go QANplatform! 💥🔒
It’s fantastic to see governments and companies investing in post-quantum technologies! QANplatform is at the forefront of this movement.
Quantum computing threats won’t go unanswered thanks to QANplatform’s innovative testnet. This is a step in the right direction!
QANplatform’s testnet is a significant advancement in safeguarding our assets against quantum threats. Great work!
Wow, this is a groundbreaking development! Quantum-resistant cybersecurity for smart contracts is a game-changer.
Wow, another blockchain testnet claiming to be quantum-resistant? I’ll believe it when I see it. 🙄
Quantum threats are real, but I’m not convinced QANplatform’s testnet is the answer.
A big shoutout to QANplatform for leading the charge in quantum-resistant cybersecurity. You’re changing the game! 💪🌟
Quantum threats won’t stand a chance against QANplatform’s cutting-edge technology. Our assets will be secure!
The pseudonymity of blockchain causing issues with quantum-resistant security? Sounds like a major design flaw.
So glad to see QANplatform leading the way in quantum-resistant blockchain technology! Innovation at its finest.
QANplatform’s quantum-resistant blockchain testnet is an essential development in protecting our data and assets. Well done!
I’m excited to see the growth of quantum-resistant protocols like QANplatform’s testnet. Safety first!
Finally, a way to protect our funds and data from the threat of quantum computing. QANplatform is leading the charge!
Finally, a solution to the security threats posed by quantum computing! QANplatform is taking us into the future of blockchain.
With QANplatform’s testnet, the future of blockchain looks bright, secure, and ready for the challenges of quantum computing. Bravo!
So they’re saying Bitcoin and Ethereum can’t adopt quantum-resistant measures? That’s a major flaw.
It’s reassuring to see companies like QANplatform taking the lead in quantum-resistant protocols. Safety is a top priority! 🔒💯
QANplatform is truly revolutionizing the blockchain industry with its quantum-resistant testnet. So proud to witness this progress! 🌟✨
I’ll stick to traditional cybersecurity measures until there’s concrete evidence that quantum-resistant protocols actually work.