Ripple targets post-quantum readiness for XRP Ledger by 2028

Share This Post

Ripple has laid out a multi-phase roadmap to prepare the XRP Ledger for a post-quantum future by 2028.

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Recent research from Google Quantum AI shows that the cryptography most blockchains rely on today can be broken by sufficiently advanced quantum computers, including the algorithms that secure wallets, sign transactions, and protect digital assets.

Ripple says that the findings make it clear that it needs to prepare for the quantum threat with a plan that treats the required migration as an “architectural challenge touching performance, storage, usability, cryptography, and protocol design”.

The roadmap is made up of four phases, beginning with post-quantum recovery if classical cryptography breaks, to enable safe recovery for account owners. Phase two is proactive planning and experimentation to assess the full impact of post-quantum cryptography on XRPL, while phase three will explore post-quantum primitives.

Finally, in 2028 Ripple is targeting a move from experimentation to execution with the entire XRPL ecosystem. Says the firm: “We’ll design, build and propose a new amendment to the XRPL ecosystem for native post-quantum cryptography and begin transitioning the network to PQC-based signatures at scale.”

Related Posts

Consensys Plans Split as MetaMask Becomes Standalone Company

Consensys Software Inc., the Ethereum software company behind MetaMask,...

Algorand Names William Herkelrath CEO to Lead Institutional, Quantum Push

Algorand has named William Herkelrath as chief executive officer,...

Italy’s Central Bank Orders Sanctions Screening for Crypto Transfers

Cointelegraph is committed to providing independent, high-quality journalism across...

Tether pushes into private credit with $400 million fund with Fasanara

The USDT issuer will help source lending opportunities and...

German Finance Ministry Proposes 25% Crypto Tax Starting 2028

Cointelegraph is committed to providing independent, high-quality journalism across...

U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee

Chinese-language platform Xinbi is accused of operating on crypto...