StarkWare CEO Proposes Five-Step Action Plan, Urges Crypto Industry to Address Potential Quantum Computing Threats

Odaily News StarkWare CEO Eli Ben-Sasson addressed the potential impact of quantum computing on the crypto industry on X, calling for multi-chain ecosystems, including Bitcoin, to proactively deploy post-quantum security upgrades. He also proposed a five-step action plan:

1. Acknowledge the threat, clearly recognizing that once quantum computers mature, they will pose a serious challenge to existing public-key cryptography systems, and decisively promote the implementation of countermeasures.

2. Strengthen education and information dissemination, systematically learn about the current state of quantum computing development and feasible solutions in post-quantum cryptography (PQC), and popularize related knowledge within the community to enhance overall awareness.

3. Organize and invest resources, support and collaborate with post-quantum cryptography experts, promote multiple research and engineering practices, and provide funding and community initiative support for related projects.

4. Listen to expert advice and establish standards, with experts proposing specific technical roadmaps, including the selection of new signature algorithm standards and the appropriate post-quantum security level required for hash functions.

5. Promote protocol and infrastructure upgrades, introduce new quantum-resistant signature mechanisms at the core protocol layer, and ensure compatibility and integration with key infrastructure such as wallets to guarantee a smooth transition.