Algorand introduces quantum-secure accounts using falcon_verify and HermesVault
The Algorand Foundation introduced quantum-secure accounts through a collaboration with the developers of falcon_verify and HermesVault. The update uses a zero-knowledge design to provide post-quantum-ready infrastructure for users.
The Foundation noted that Vitalik Buterin has warned that quantum computing could be able to hack Bitcoin by 2028, positioning these new account types as Algorand's response.
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