{"id":97595,"date":"2026-05-28T10:48:45","date_gmt":"2026-05-28T07:48:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=97595"},"modified":"2026-05-28T10:50:15","modified_gmt":"2026-05-28T07:50:15","slug":"quantus-highlights-crypto-markets-unpreparedness-for-quantum-threat","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/quantus-highlights-crypto-markets-unpreparedness-for-quantum-threat\/","title":{"rendered":"Quantus Highlights Crypto Market&#8217;s Unpreparedness for Quantum Threat"},"content":{"rendered":"<p>The cryptocurrency industry is unprepared for the transition to post-quantum cryptography, despite advancements in such computations, according to developers at Quantus.<\/p>\n<p>The project team released a study titled &#8220;The State of Quantum: What Crypto Can\u2019t Afford to Ignore,&#8221; reviewed by ForkLog. It states that wallets, exchanges, custodians, validators, bridges, and <a href=\"https:\/\/forklog.com\/en\/news\/governance-tokens-vs-utility-tokens-whats-the-difference\">governance<\/a> systems are at risk.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-ca869f82f575a8b6-5555600322116565.webp\" alt=\"image\" class=\"wp-image-280638\"\/><figcaption class=\"wp-element-caption\">Source: ForkLog.<\/figcaption><\/figure>\n<p>A significant portion of the market still relies on classical signature schemes\u2014ECDSA and Ed25519. Theoretically, Shor&#8217;s algorithm would enable quantum computers to breach such systems once they achieve sufficient power.<\/p>\n<p>In August 2024, NIST <a href=\"https:\/\/www.nist.gov\/news-events\/news\/2024\/08\/nist-releases-first-3-finalized-post-quantum-encryption-standards\">finalized<\/a> the first post-quantum cryptography standards\u2014ML-KEM and ML-DSA. These are positioned as a response to the impending collapse of the classical approach.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Blockchains More Complex Than Traditional IT<\/strong><\/h2>\n<p>Experts at Quantus assert that the crypto market faces stricter constraints than conventional IT infrastructure.<\/p>\n<p>In centralized services, cryptography can be updated via a patch. In blockchains, user fund storage, distributed governance, and public keys can remain on the network for years.<\/p>\n<p>The report mentions a &#8220;harvest now, decrypt later&#8221; scenario: data is collected today to decrypt later when sufficiently powerful quantum machines become available.<\/p>\n<p>Quantus CEO and CTO Christopher Smith stated that the industry will not have a &#8220;clear alarm signal&#8221; before the hypothetical Q-Day.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The crypto market needs to build infrastructure in advance, not under pressure,&#8221; he said.<\/p>\n<\/blockquote>\n<p>There is currently no timeline for the emergence of quantum computers capable of breaking modern schemes. In May, IBM Quantum&#8217;s global sales director Petra Florisun <a href=\"https:\/\/forklog.com\/en\/news\/ibm-declares-the-dawn-of-practical-quantum-computing\">stated<\/a> that quantum computing is moving beyond laboratory experiments and beginning to be applied to real-world tasks.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Impact on Bitcoin<\/strong><\/h2>\n<p>A separate section of the study is devoted to Bitcoin. Quantus claims that a standard transaction of the first cryptocurrency with ECDSA uses about 97 bytes for the signature and public key. The ML-DSA-87-based variant increases the size to approximately 7187 bytes.<\/p>\n<p>A direct transition to post-quantum signatures without changes to the network architecture, according to the authors, would drastically reduce the number of transactions per block.<\/p>\n<p>The report also mentions <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-developer-introduces-quantum-threat-protection-for-wallets\">BIP-360<\/a>\u2014a proposal for migrating the Bitcoin blockchain to quantum protection. The document describes the Pay-to-Merkle-Root format as a step to mitigate key exposure risks.<\/p>\n<p>The authors of BIP-360 noted that the proposal does not address all issues. Questions remain about wallet compatibility, block space load, and the fate of old addresses.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Quantus&#8217; Own Solution<\/strong><\/h2>\n<p>The project claims that post-quantum cryptography forms a new version of the &#8220;blockchain trilemma&#8221;: large signatures impact scalability, and privacy adds additional costs.<\/p>\n<p>Quantus suggests offloading part of the burden outside the main chain through <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-zero-knowledge-proof\">ZK<\/a> mechanisms. The document mentions Wormhole Addresses, Plonky2, STARK-like proof aggregation, and Poseidon2.<\/p>\n<h2 class=\"wp-block-heading\"><strong>IT Giants Already Moving<\/strong><\/h2>\n<p>The report provides examples of major tech companies transitioning to post-quantum protection:<\/p>\n<ul class=\"wp-block-list\">\n<li>Signal with the PQXDH protocol;<\/li>\n<li>Google with the hybrid X25519Kyber768 in Chrome;<\/li>\n<li>Apple with the PQ3 system for iMessage.<\/li>\n<\/ul>\n<p>Quantus concludes that mass consumer services have begun preparing for the post-quantum era ahead of much of the crypto market.<\/p>\n<p>In April, Lightning Labs&#8217; CTO Olaoluwa Osuntokun <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-developer-introduces-quantum-threat-protection-for-wallets\">introduced<\/a> a prototype tool for protecting Bitcoin wallets from potential quantum attacks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency industry is unprepared for the transition to post-quantum cryptography, despite advancements in such computations, according to developers at Quantus.<\/p>\n","protected":false},"author":1,"featured_media":97596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"The cryptocurrency industry is unprepared for the transition to post-quantum cryptography.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[575,1360],"class_list":["post-97595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-quantum-computers","tag-quantum-computing"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"1","layout_type":"1","short_excerpt":"The cryptocurrency industry is unprepared for the transition to post-quantum cryptography.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=97595"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97595\/revisions"}],"predecessor-version":[{"id":97597,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97595\/revisions\/97597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/97596"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=97595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=97595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=97595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}