- Startup Project Eleven together with the team Solana successfully tested digital signatures that are resistant to hacking by quantum computers.
- The use of new signatures has resulted in a decrease in network throughput 90%.
Recent tests have revealed how protection against quantum computers will affect Block Solana (SUN).
Employees of digital asset security startup Project Eleven, together with representatives of the ecosystem Solana developed digital signatures for confirming transactions that are resistant to hacking using quantum computers. They were 20-40 times larger than existing ones, so their use has reduced the network speed by approximately 90%.
The main advantage of the SOL blockchain is its high throughput. Over the past 30 days, it processed from 2,900 to 3,500 transactions per second, while the Ethereum network performed no more than 28 operations.
The number of transactions completed in blockchains Solana and Ethereum per second
If the SOL network’s performance were to drop by 90%, it would only be able to process 350 transactions per second at best, and the increased computational complexity would lead to higher transaction confirmation fees. In this case, Block Cryptocurrency will lose two trump cards, and its popularity will decline.
Thus, it becomes clear that quantum-resistant signatures need to be optimized. Otherwise, their use will significantly slow down. Block and will increase the costs associated with transactions. According to experts, the quantum threat materializes not before 2035, so programmers have plenty of time left to work on fixing it.
Risk Warning:
The information on this website is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended that you conduct your own research (DYOR) before making any investment decisions.