Frequently Asked Questions
A quantum-resistant coin is a cryptocurrency designed with cryptographic algorithms that can withstand attacks from quantum computers, which threaten to break traditional encryption methods.
Quantum computers could potentially break current cryptographic standards, making wallets, transactions, and private keys vulnerable. Quantum-resistant coins aim to future-proof crypto assets against this threat.
Unlike traditional coins like Bitcoin or Ethereum, quantum-resistant coins use post-quantum cryptography (PQC) such as lattice-based, hash-based, or multivariate algorithms to secure transactions.
Yes, several projects like QANplatform, Quantum Resistant Ledger (QRL), and Mochimo have introduced or are working on coins with quantum-resistant properties.
Common post-quantum algorithms include NTRU, Ring-LWE, XMSS (eXtended Merkle Signature Scheme), and SPHINCS+ many of which are being considered by NIST for standardization.