Future proofing is the practice of designing systems, protocols, or assets to remain functional and relevant despite anticipated technological advancements or changes in the environment. It involves building in adaptability and resilience to obsolescence. The aim is to ensure longevity and continued utility over an extended period. This proactive approach seeks to mitigate the impact of unforeseen future developments.
Context
In the blockchain and digital asset space, future proofing is a critical consideration for protocol design and the development of long-term sustainable projects. Discussions often revolve around architectural choices that allow for upgrades, scalability enhancements, and adaptation to evolving regulatory landscapes or quantum computing threats. The ability of a blockchain to evolve without requiring fundamental rewrites is a key aspect of its future viability.
Introduces a quantum-resistant Identity-Based Encryption scheme allowing private data sharing on blockchains with secure, delegated decryption, enhancing future privacy.
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