1 week ago
Quantum-Proof Wallets: Crypto Firms Race to Secure Digital Assets Ahead of Protocol Upgrades
SecurityBitcoin securityblockchain securityCrypto Wallet UpgradeMPC SignaturesNIST Algorithmspost-quantum cryptographyQ-Day ThreatQuantum-Proof Wallets
TLDR: Crypto firms are upgrading wallets to post-quantum MPC signatures before blockchain protocols make the same shift. NIST-approved algorithms like ML-DSA are being evaluated for distributed signing compatibility across wallet systems. Institutions with existing MPC infrastructure can migrate to quantum-resistant wallets through a simple code upgrade. Wallet-level upgrades alone cannot fully protect users if underlying [...]
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