• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solana Introduces Quantum-Resistant Security System for User Funds

user avatar

by Giorgi Kostiuk

a year ago


In 2025, Solana unveiled a quantum-resistant vault to safeguard user funds against potential threats from quantum computers.

Quantum-Resistant Protection by Solana

Cryptography researcher Dean Little noted that the Solana Winternitz Vault solution uses an advanced hash-based signature method to generate new keys with each transaction. This strategy is intended to make it more difficult for quantum computers to coordinate assaults and involves Merkle Root protection with various levels of cryptographic resistance.

Operation Mechanism of the Vault

To use the vault, start by creating a new Winternitz keypair and opening a new vault. Then, calculate the Merkle Root to derive a program-based address. Users can allocate funds to two accounts and sign messages to ensure transaction security.

Ethereum and Phantom Wallet Plans

Ethereum also plans to implement quantum-resistant solutions, though Vitalik Buterin believes this will not be a significant concern for at least a decade. Meanwhile, Phantom Wallet denied rumors of launching its own token, focusing on simplifying user access to new assets.

With potential threats from quantum technologies, Solana advances in securing user funds while other market players like Ethereum and Phantom Wallet also prepare for such transformations.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cypherpunk Technologies Invests in Zcash Tokens Following Rebranding

chest

Cypherpunk Technologies has announced a significant investment in Zcash tokens, acquiring 203,775 tokens at an average price of $245.37 each, using $50 million from a recent private placement led by Winklevoss Capital.

user avatarTando Nkube

Bithumb Restructures Amid Growing Competition in South Korea's Crypto Sector

chest

Bithumb is restructuring its business and advancing public market goals to adapt to increasing competition in South Korea's evolving crypto sector.

user avatarAyman Ben Youssef

Leap Therapeutics Transforms into Cypherpunk Technologies, Shifts to Crypto Focus

chest

Leap Therapeutics has transformed into Cypherpunk Technologies, shifting its focus from biotechnology to digital assets, adopting a crypto treasury strategy centered around Zcash, leading to a 170% surge in shares.

user avatarKofi Adjeman

SOL Retests Key Demand Zone After Breakout

chest

Solana (SOL) is currently retesting a significant demand zone after breaking out of a previous consolidation range, with traders eyeing potential entry points.

user avatarNguyen Van Long

BlockHaven Expands Platform with Enhanced Features

chest

BlockHaven has announced an expansion of its noncustodial crypto exchange aggregator, adding broader asset support, faster routing, and new fiat access features.

user avatarSatoshi Nakamura

Cryptocom Visa Card Now Supports Google Pay in the UK

chest

Cryptocom has announced that its Visa cardholders in the United Kingdom can now add their cards to Google Pay, enhancing payment convenience and security.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.