• 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

Senator Blumenthal Initiates Investigation into Binance's Sanctions Violations

chest

Senator Richard Blumenthal has initiated a formal investigation into Binance's potential violations of US and international sanctions.

user avatarKenji Takahashi

Senate Democrats Call for Investigation into Binance Amid Allegations

chest

Eleven Senate Democrats, led by Elizabeth Warren, are urging an investigation into Binance's operations due to allegations of facilitating illicit finance activities.

user avatarMaria Fernandez

Tether Freezes $42 Billion in USDT Linked to Illicit Activity

chest

Tether has frozen approximately $42 billion worth of USDT tokens due to suspected illicit activities, highlighting the need for blockchain transparency and cooperation with law enforcement.

user avatarGustavo Mendoza

Tether Collaborates with Authorities to Combat Financial Crimes

chest

Tether has engaged in multiple enforcement actions with various authorities to address financial crimes involving USDT.

user avatarRajesh Kumar

Matt Corallo Highlights Bitcoin's Commitment to Post-Quantum Cryptography

chest

Matt Corallo highlights Bitcoin's commitment to post-quantum cryptography, addressing misconceptions and showcasing ongoing research and proposals.

user avatarMiguel Rodriguez

Trump Media Plans to Spin Off Truth Social into Separate Entity

chest

Trump Media and Technology Group plans to spin off its social media platform Truth Social into a separate public entity called SpinCo, merging with Texas Ventures III.

user avatarArif Mukhtar

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.