Cryptographic Transition denotes the systematic process of upgrading or replacing existing cryptographic algorithms and protocols with newer, more secure alternatives. This change is often necessitated by advancements in cryptanalysis or the emergence of new computational threats. It ensures the continued protection of digital information and systems. This is a significant undertaking for any secure system.
Context
The advent of quantum computing poses a substantial threat to current cryptographic standards, driving an urgent cryptographic transition towards quantum-safe algorithms across various sectors, including blockchain. For digital assets, this movement is critical to safeguard against future vulnerabilities that could compromise private keys and transaction security. Research and development in post-quantum cryptography are ongoing.
Quantifying the performance of NIST-standardized post-quantum signature schemes proves that long-term, quantum-resistant blockchain security is computationally viable.
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