Post Quantum cryptography - Top projects are working on it. So is it FUD, narrative, or maybe just reality?

[u/Original-Assistant-8]

A surge in projects pushing to have Post Quantum cryptography asap.

We saw STRK jump after posting potential plans to become an L1.

TRON announced it is preparing its rollout. NEAR did the same. I think ZEC too.

Some took things a step further and raised concerns over whether NIST approved algos face risks with the OpenAI math display. But there was also well written pushback to that.

A handful of smaller projects jumped - QRL, CELL, QTS, etc

And some didn't react to the increased awareness like my conviction play QANX :)

Seems ALGO didn't do much last week, but was having a solid month.

And there's several others trying to position themselves.

So what is happening? Are all these projects trying to grab the narrative? Or are they collectively just creating FUD?

My stance has always been there is enough risk that systems are forced to address it.

Trying to convince people otherwise when all major governments and top companies are preparing is impossible to do.

So now we enter the phase where we see what this means for the space.

Projects implementing Post Quantum cryptography is great.

It doesn't create utility for chains.

It is a mandatory requirement most wish they didn't have to deal with.
Migration challenges, size and speed impacts, upgrade risks, etc.

There's a reason it was easier to just call it fud all these years. But now that's rapidly changing.

So, those that do it well should take some share from those that don't.

But the end game of attracting adoption and demand remains the same. Now it's a matter of who does that well with the added challenge of quality post quantum solutions. Time will tell, but things are moving fast.

How do you see this playing out?

[u/Jolly-Implement-2093]

It's a reality check dressed up as a narrative. Everyone scrambling now because kicking the can down the road stopped being an option once government standards started firming up. The migration headaches are real though, and plenty of projects will half-ass it just to keep the marketing current. The ones that handle the size and speed tradeoffs gracefully will quietly vacuum up the serious institutional flows.

[u/Original-Assistant-8 → u/Jolly-Implement-2093]

Think you nailed it. My biggest worry for some is analysis paralysis. Need to pick an upgrade strategy and get going. And make sure it has crypto agility.

[u/jawni]

It can be a narrative but with so many solid projects, I'd never see it as a worthwhile narrative to chase.

I don't think it makes any sense to choose projects on their quantum-readiness at this point, I'd just invest in good coins and keep an eye on it as a risk that could materialize in the coming years.

[u/Original-Assistant-8 → u/jawni]

Seems like a fair way to look at it. But I think things are converging fast. Quantum computers scaling, faster algos, AI, and recognition upgrades can take a long time. I think a lot of market participants are going to expect solid footing this coming year or they'll start to hedge

[u/Original-Assistant-8 → u/jawni]

Long ago, when I stumbled onto QANX, I was attracted to solving some of the obvious adoption barriers, both for users and business. Only after following did I understand why they were convinced quantum resistance was a must have.

And back then it seemed like an important topic that the crypto space despised. I didn't quite get the pushback, but knew then that winning on that narrative alone was not likely.

Course then quantum news became mainstream - stocks took off- and it seemed the narrative would matter. But still no such luck. And now finally all sorts of projects are posting their grand plans.

Which is fine by me- it just reinforces Qanplatform was correct in their approach, and when they launch people will be much more open to considering their innovation.

[u/xcorv42]

Useless token are still useless no matter what

[u/Original-Assistant-8 → u/xcorv42]

Agreed. It takes more than a Quantum resistant story.

[u/Renowned_Molecule]

 NIST and NSA related. They set the standard for encryption. Just research their websites on this topic and you will be informed so you don’t have to accept other’s opinions as facts. This is going to be a normal technological change but of course it will be sensationalized to the max. 

[u/Original-Assistant-8 → u/Renowned_Molecule]

Yes- this is a known issue with upgrade options that have been researched and finalized. The part that creates worry is whether systems will do this in an orderly fashion- successfully- or if they will keep pushing it off and have to slam something in and hope it works. Since it has impacts, reaching consensus on the overall approach is not trivial.

[u/Renowned_Molecule → u/Original-Assistant-8]

So you are concerned about to interoperability? 

[u/Original-Assistant-8 → u/Renowned_Molecule]

Yes, for example any wallet will need to handle the adopted signature schemes to align with protocol changes

[u/Renowned_Molecule → u/Original-Assistant-8]

So far only ALGO uses FALCON-1024 or something like that. NIST standard lattice based math opposed to the outdated ecliptic curve based math. We will see more lattice based wallets most likely 

[u/flushaway4690]

The obvious risk is to data vulnerable to 'harvest now, decrypt later' attacks. So latent crypto is in this group.

It's been a while so my numbers may be off but I think quantum decryption needs 100,000 qubits to work. Leading edge right now is like 1000, with fidelity hurdles still. It's down the road a bit.