Ripple (XRP) Research Initiative Expert Urges Crypto Firms to Prioritize Quantum Technology Now

• Mathematics professor Dr. Massimiliano Sala urges cryptocurrency companies to prioritize quantum-resistant systems.

• Quantum computers significantly threaten digital signatures, necessitating proactive measures to safeguard the security of cryptographic assets.

In a recent interview Along with Ripple, Dr. Massimiliano Sala, a mathematics professor and cryptography expert at the University of Trento in Italy, highlighted the urgent need for cryptocurrency companies to strengthen their defenses against potential future quantum attacks. Sala, who also leads the Italian Cryptography Association, highlighted the significant risk that quantum computers pose to the security foundations of digital signatures in cryptographic assets.

Dr. Sala underlined that the immediate threat of quantum attacks it may not be pressing. However, the possibility of such threats materializing is significant enough to warrant proactive measures. Once fully developed, quantum computers will be able to solve complex problems that classical computers cannot handle efficiently. This advancement directly threatens the cryptographic algorithms that currently safeguard digital signatures.

“The likelihood of quantum threats materializing may not be imminent, but it is significant enough to warrant proactive measures,” – said Sala. She has advocated for an immediate transition to quantum-resistant cryptosystems, suggesting that these upgraded systems can provide long-term security against quantum attacks.

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Transition to quantum-resistant cryptography

According to Sala, the transition to quantum resistant systems involves some trade-offs. These include increased computational demands and larger data sizes needed for secure transactions. Despite these challenges, he argues that change is necessary and should start with incorporating fewer safe quantum elements critical areas of blockchain systems. This approach can help maintain network functionality while gradually improving security.

Sala’s recommendations echo broader concerns within the cryptographic community about the future capabilities of quantum computers. In 2021, researchers at the University of Sussex, led by Mark Webber, estimated that a quantum computer with 30 to 300 million physical qubits could potentially breaking the Bitcoin blockchain. Although current quantum computers only have 50-100 qubits, advances in quantum technology could significantly reduce the requirements for such an attack.

Ripple’s investment in quantum-resistant crypto systems is a strategic move to future-proof its XRP Ledger (XRPL). Through pioneering research in this field, Ripple aims to improve the security of its platform, thereby providing a competitive advantage in the cryptocurrency industry. Success in developing quantum-resistant cryptographic methods could significantly increase confidence in XRPL adoption, positioning XRP favorably for long-term growth.

Ripple-SEC lawsuit resolved

In addition to its quantum computing research efforts, Ripple’s ongoing legal battle with the SEC has been a focal point for market observers. The resolution of this lawsuit, which is currently in the final settlement stage, could have far-reaching implications for Ripple and XRP.

XRP’s recent price performance reflects resilience and growth potential. While major tokens such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have outperformed XRP over the past year, the altcoin has shown modest gains and suggests the potential for above-average returns in the future.

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