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Ethereum plans to move from BLS signatures to post quantum secure signatures

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#ethereum#cryptography#quantum computing
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Ethereum is planning to transition from BLS signatures to post-quantum secure signatures to address vulnerabilities posed by quantum computing. This upgrade is part of Ethereum's roadmap to enhance its cryptographic security, as current algorithms are not quantum-safe. The move aims to maintain trust in the Ethereum network amidst growing concerns over quantum threats.

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For many happy years we've built our digital world, including the decentralized digital world, on the shoulders of Diffie-Hellman, RSA, ElGamal and elliptic curves. The classic public key cryptography that most of us use for key exchange and digital signatures is unfortunately under threat. Well, the threat might be multiple with the uprising of AI, but in this case we're focusing on the threat of quantum computers. If a quantum computer is built that can execute Shor's algorithm (which breaks both elliptic curve cryptography and RSA), secret keys can be deduced from the public keys and thus digital signatures can be forged.Ethereum is exposed to this threat as well, since it uses pairing-based signatures throughout the stack which are based on elliptic curves and thus not quantum-safe.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Hashcloak.

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