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NEAR developers are aiming to implement a quantum-safe signing solution on testnet by the end of the second quarter, Near One’s Anton Astafiev said.<\/p>\n
Blockchain protocols preparing for the quantum computing threat should also consider how to quickly verify ownership on the blockchain if funds are stolen, the development and research team behind the layer-1 NEAR Protocol said.<\/p>\n
Concerns that quantum computers could eventually break blockchain cryptography have fueled worries about private keys and wallet security, but most of the conversation has focused on preventing such attacks.<\/p>\n
\u201cWe won\u2019t be able to tell if someone running a transaction is the rightful owner of the asset or not,\u201d Near One\u2019s chief technology<\/a> officer, Anton Astafiev, said<\/a> on Wednesday, adding that blockchain protocols would be forced to make tough decisions on whether to freeze compromised crypto wallets.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n