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Ethereum L2 Drops Signatures to Fight Quantum Threat

Ethereum L2 Drops Signatures to Fight Quantum Threat

Photo: Coindoo

Key Takeaways Live on Ethereum mainnet since September 30. Protocol default: 1,000 payments per hash chain. Front-running flaw found and fixed on October 21. The founder, who posts as Hadamard, described the design in an October 24 Ethereum Research post and asked for critical feedback. Ordinary Ethereum accounts authorize transactions with ECDSA signatures, which a large enough quantum computer running Shor’s algorithm could break. No machine today can do that, but warnings about exposed wallet keys have pushed developers to look for alternatives.

Source: Coindoo

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