Ripple Labs is working on a regulated XRP Ledger (XRPL) transfer plan, which uses… XRP as its original code, to post-quantum cryptography by 2028.
In the first phase, Ripple Labs defined an emergency response plan in case the classic cryptography malfunction occurs unexpectedly. Under this contingency, XRPL can perform a hard fork that no longer accepts classical public key standards.
As for the second stage ripple It intends to conduct a full quantum risk assessment via the XRP Ledger. The evaluation could examine how changes in post-quantum cryptography could impact network transaction performance, storage, and bandwidth.
For the third stage, the blockchain payment company Plans To combine candidate post-quantum signature schemes together with existing elliptic curve schemes. They intend to start Devnet for developer testing. In the final phase, the company plans to propose a new modification to the XRPL ecosystem to introduce native post-quantum cryptography, transitioning the entire network to post-quantum signatures at scale.
Ripple Labs is leveraging existing XRP Ledger features to accelerate the post-quantum transition
Ripple Labs intends to engage team members from its development division, RippleX, to roll out a four-phase roadmap targeting full quantum-resistant signatures via XRPL. With this roadmap, the company aims to maintain the current strengths of the XRP Ledger while incorporating quantum-resistant cryptography.
The roadmap is designed to minimize disruption in the event of a sudden quantum breach before the migration process is complete. The XRPL network already has several key features to protect users from quantum threats, including native key rotation, Finbold says. I mentioned.
However, Ripple Labs acknowledged that the current protections for the XRPL cryptocurrency are insufficient to withstand a sufficiently powerful quantum computer, necessitating a planned migration over the next two years. Furthermore, Google has warned the blockchain industry that a powerful quantum computer could break encryption as early as 2029, as Feinbold previously said. male.
