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Altcoins & DeFi

Algorand tops post-quantum race with 2.7M secure transfers- Will it rally ALGO?

Image: AMBCrypto

Algorand continues to make commendable progress towards post-quantum security. In an X post, the blockchain declared that it now ranks first in the industry in post-quantum (PQ) transactions. Over 2.7M post-quantum transactions on mainnet, more than any other blockchain on the planet. Others are still talking about the quantum threat. We've been shipping since 2022, and nobody has caught us. Simply put, if there were functional quantum computers today, Algorand’s transactions won’t be cracked or funds stolen. But blockchain’s mainnet transactions are just one part of the stack that should be secured. There are wallet addresses, consensus mechanisms, price oracles, and more that should have PQ signatures too for a chain to achieve full post-quantum security.

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