Svmuu News As Bitcoin developers urgently search for quantum-safe solutions and Ethereum prepares for "Q-Day," Solana is attempting to get ahead of potential threats. Currently, Project Eleven, in collaboration with the Solana Foundation, has deployed Post-Quantum Signatures on a test network to simulate network operations after replacing the existing encryption algorithms. Preliminary results show that quantum-safe signatures are approximately 20–40 times larger than current signatures, leading to a roughly 90% decrease in network transaction processing speed. This directly impacts Solana's design advantage, which is renowned for high throughput and low latency.
Furthermore, Solana's public key design exposes 100% of the network to quantum attack risks. Hackers can choose any wallet to attempt private key recovery, presenting a higher risk compared to Bitcoin and Ethereum. While facing technical and community coordination challenges, Solana is at the forefront of the industry in quantum security experiments, currently possessing a functional quantum-safe testnet. Alex Pruden, CEO of Project Eleven, stated, "If the industry waits until the quantum threat is actually upon us to start fixing it, it could take four years." (CoinDesk)