The quantum emergency: Ethereum’s race against time – crypto.news
Ethereum gears up against quantum threats. How does the community react to Buterins new proposal, and how real is the danger?
The exponential advancement of quantum computing technology poses a daunting challenge to the blockchain platforms, potentially undermining the security protocols that form the bedrock of these networks, with Ethereum (ETH) being no exception.
In response to this pressing concern, Vitalik Buterin, co-founder of Ethereum, has spearheaded discussions on Ethereum Research, aiming to address and mitigate the vulnerabilities quantum computing introduces to Ethereum.
Buterin foresees a potential quantum emergency, where the advent of quantum computing capabilities could lead to large-scale theft of Ethereum assets.
To counter this impending threat, Buterin proposed a multifaceted approach, starting with the implementation of a hard fork of the Ethereum network.
This hard fork would effectively rewind the network to a state before any potential thefts occurred, requiring users to adopt new wallet software explicitly designed to thwart future attacks.
At the center of Buterins strategy lies the adoption of a new transaction type outlined in Ethereum Improvement Proposal (EIP) 7560. This transaction type leverages advanced cryptographic techniques, including Winternitz signatures and zero-knowledge proof technologies like STARKs, aiming to shield transactions from quantum attacks by safeguarding users private keys from exposure.
Furthermore, Buterin advocates for the integration of ERC-4337 account abstraction for smart contract wallets, increasing security by preventing the exposure of private keys during the signing process.
Account abstraction acts as a smart contracts wallet, enabling users to interact with the Ethereum network without possessing their private keys or needing to maintain Ether for transaction costs.
In the event of a quantum emergency, users who havent executed transactions from their Ethereum wallets would remain shielded, as only their wallet addresses are public.
Buterin also suggested that the infrastructure necessary to enact the proposed hard fork could theoretically commence development immediately.
The Ethereum community is actively discussing Buterins proposal for a hard fork strategy to protect Ethereum from possible quantum attacks. This topic has sparked both interest and concern among members.
While the importance of preparing for quantum threats is recognized, there is skepticism about how effective these measures will be against malicious users with access to quantum computing. DogeProtocol, a community member, has raised questions about identifying legitimate account holders versus attackers in scenarios where quantum computers can break into Ethereum wallets.
DogeProtocol suggested using NIST standardized algorithms combined with classical algorithms. However, this could lead to larger block sizes due to the bigger signature and public key sizes in many post-quantum methods.
Another community member, nvmmonkey, recommends a preemptive strategy. They suggest integrating a machine learning system in Ethereums node network to spot large, suspicious transactions that could indicate unsafe activities, triggering emergency protocols like the Stark emergence fork.
Blockchain technology, including cryptocurrencies like Bitcoin and Ethereum, relies on cryptographic algorithms such as the Elliptic Curve Digital Signature Algorithm (ECDSA) to secure transactions and maintain the integrity of the distributed ledger.
However, quantum algorithms, notably Shors algorithm developed by Peter Shor in 1994, pose a threat by potentially solving the discrete logarithm problem on elliptic curves, which is the basis for ECDSAs security.
This capability could allow a quantum computer to forge digital signatures and, thereby, control any funds associated with those signatures.
Quantum computers could also undermine other cryptographic practices within blockchain technology, including the process of hashing, which is central to mining and the creation of new blocks.
While hashing (e.g., SHA-256 in Bitcoin) is not directly broken by Shors algorithm, Grovers algorithm, another quantum algorithm, could theoretically speed up the process of finding a hashs preimage, though the speed-up is less dramatic than Shors for encryption.
Although current quantum computers are not yet capable of breaking ECDSA on a practical scale, the rapid pace of progress suggests that the threat could become real within the next few years. Google plans to construct a quantum computer capable of handling extensive business and scientific calculations error-free by 2029.
IBM recently presented IBM Quantum Heron, its most advanced quantum processor. This processor stands out for its high performance and low error rates. IBM also unveiled the IBM Quantum System Two, a new modular quantum computer. This system, already in operation in New York, is designed to tackle complex scientific and business calculations.
The quantum threat to current cryptography is a fact widely acknowledged by researchers. There is an increasing emphasis on developing and implementing quantum-resistant or post-quantum cryptographic algorithms.
For example, the National Institute of Standards and Technology (NIST) has initiated a process to evaluate and standardize quantum-resistant public-key cryptographic algorithms. These could be crucial steps towards maintaining the security and resilience of blockchain and other digital infrastructure in the face of quantum computing.
As quantum computers capabilities evolve, the collaborative engagement of researchers, developers, and policymakers will become essential.
By prioritizing the development and integration of quantum-resistant cryptographic solutions, the blockchain community can safeguard sensitive information, preserve digital trust, and ensure the continued viability of blockchain in the quantum era.
Read more:
The quantum emergency: Ethereum's race against time - crypto.news
- The 4 Smartest Quantum Computing Stocks to Buy for $1,000 (Hint: IonQ, Rigetti Computing, and D-Wave Quantum Didn't Make the Cut) - Yahoo Finance - November 23rd, 2025 [November 23rd, 2025]
- IBM and Cisco have a new partnership as they target a quantum-computing internet - MarketWatch - November 23rd, 2025 [November 23rd, 2025]
- The 4 Smartest Quantum Computing Stocks to Buy for $1,000 (Hint: IonQ, Rigetti Computing, and D-Wave Quantum Didn't Make the Cut) - The Motley Fool - November 23rd, 2025 [November 23rd, 2025]
- 1 Popular Quantum Computing Stock to Sell Before It Falls 20%, According to a Wall Street Analyst - Yahoo Finance - November 23rd, 2025 [November 23rd, 2025]
- Prediction: This Quantum Computing Stock Could Make You a Millionaire (Hint: It's Not Pure-Plays IonQ, Rigetti Computing, or D-Wave Quantum) - The... - November 23rd, 2025 [November 23rd, 2025]
- Quantum Computing Stock Has Tumbled This Year. Why Earnings Have the Market Excited. - Barron's - November 23rd, 2025 [November 23rd, 2025]
- Quantum Computing Inc. Stock (QUBT) Opinions on Q3 2025 Earnings and Technology Launch - Quiver Quantitative - November 23rd, 2025 [November 23rd, 2025]
- Institutional Investors Piled Into IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Stocks -- and They'll Likely Regret It - The... - November 23rd, 2025 [November 23rd, 2025]
- The Ultimate Quantum Computing Stock Is Hiding in Plain Sight - Yahoo Finance - November 16th, 2025 [November 16th, 2025]
- This is the Only Quantum Computing Stock You Should Buy - Yahoo Finance - November 16th, 2025 [November 16th, 2025]
- Prediction: Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum Will Plunge 50% (or More) in 2026 - Yahoo Finance - November 16th, 2025 [November 16th, 2025]
- Quantum computing is getting realand Britain wants to lead - The Economist - November 16th, 2025 [November 16th, 2025]
- Quantum Computing News: Microsoft Expands in Europe as IBM and IonQ Boost Global Quantum Investments - TipRanks - November 16th, 2025 [November 16th, 2025]
- Quantum Computing Inc (QUBT) Q3 2025 Earnings Call Highlights: Record Revenue and Strategic ... - Yahoo Finance - November 16th, 2025 [November 16th, 2025]
- IBM sees a big milestone ahead for quantum computing and it hinges on these new chips - MarketWatch - November 16th, 2025 [November 16th, 2025]
- AI, Big Data, and Quantum Computing: Which Will Lead 2026 Investments - River Journal Online - November 16th, 2025 [November 16th, 2025]
- This is the Only Quantum Computing Stock You Should Buy - 24/7 Wall St. - November 16th, 2025 [November 16th, 2025]
- 1 Standout Quantum Computing ETF That's High on My Watch List Right Now - The Globe and Mail - November 16th, 2025 [November 16th, 2025]
- Prediction: Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum Will Plunge 50% (or More) in 2026 - The Motley Fool - November 16th, 2025 [November 16th, 2025]
- As IBM Rallies on a Quantum Computing Breakthrough, Heres Where the Stock Could Be Headed Next - Yahoo Finance - November 16th, 2025 [November 16th, 2025]
- Classiq Secures Strategic Funding from AMD, Qualcomm Ventures, and IonQ - Quantum Computing Report - November 16th, 2025 [November 16th, 2025]
- This is the Only Quantum Computing Stock You Should Buy - MSN - November 16th, 2025 [November 16th, 2025]
- IBM says 'Loon' chip shows path to useful quantum computers by 2029 - Reuters - November 14th, 2025 [November 14th, 2025]
- Prediction: Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum Will Plunge 50% (or More) in 2026 - Nasdaq - November 14th, 2025 [November 14th, 2025]
- Why quantum computing teams at JPMorgan and other banks are being outshined by AI - eFinancialCareers - November 14th, 2025 [November 14th, 2025]
- Quantum computing pure plays duel with giants, rivals - Constellation Research - November 14th, 2025 [November 14th, 2025]
- Quantum Computing Inc (QUBT) Q3 2025 Earnings Report Preview: What to Expect - Yahoo Finance - November 14th, 2025 [November 14th, 2025]
- Quantum Computing Pure-Play Stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Just Issued a $749 Million Warning to Wall... - November 14th, 2025 [November 14th, 2025]
- Quantum computing stocks are surging but short-seller Andrew Left is still betting against them - Business Insider - November 14th, 2025 [November 14th, 2025]
- This Blue Chip Company Just Announced Quantum Computing 'Breakthroughs.' Its Stock Hit a New High - Investopedia - November 14th, 2025 [November 14th, 2025]
- IBM Just Announced a Massive Jump In Quantum Computing. These Industries Will Benefit Most - Inc.com - November 14th, 2025 [November 14th, 2025]
- What security teams should do to prepare for the quantum computing future - CyberScoop - November 14th, 2025 [November 14th, 2025]
- Commit To Buy Quantum Computing At $5, Earn 30% Using Options - Nasdaq - November 14th, 2025 [November 14th, 2025]
- Is Quantum Computing Stock IonQ Headed to $60? History Offers a Clear Warning About What Could Happen Next - The Motley Fool - November 14th, 2025 [November 14th, 2025]
- Exploring the Impact of Quantum Computing on Financial Risk Management - CIO Applications - November 14th, 2025 [November 14th, 2025]
- IBM Pushes Ahead in the Quantum Computing Race - The Motley Fool - November 14th, 2025 [November 14th, 2025]
- Breaking Quantum Computing Stock News That IonQ, Rigetti Computing, and D-Wave Investors Can't Afford to Miss - The Motley Fool - November 14th, 2025 [November 14th, 2025]
- POET, Quantum Computing team up on 3.2 Tbps optical engines for next-gen AI networks (POET:NASDAQ) - Seeking Alpha - November 11th, 2025 [November 11th, 2025]
- POET Technologies and Quantum Computing Inc. to Co-Develop 3.2 Tbps Optical Engines for CPO and Next-Gen AI Connectivity - PR Newswire - November 11th, 2025 [November 11th, 2025]
- Breaking Quantum Computing Stock News That IonQ, Rigetti Computing, and D-Wave Investors Can't Afford to Miss - Yahoo Finance - November 11th, 2025 [November 11th, 2025]
- Rigetti EPS Preview: Betting on the Future of Quantum Computing - Nasdaq - November 11th, 2025 [November 11th, 2025]
- This Super Micro Computer Rival Is Betting Big on Quantum Computing. Should You Buy Its Stock Now? - Yahoo Finance - November 11th, 2025 [November 11th, 2025]
- Nvidia's Quiet Move Into Quantum Computing Could Reshape the Next Frontier of AI - The Motley Fool - November 11th, 2025 [November 11th, 2025]
- SkyWater Technology (SKYT): Assessing Valuation After Earnings Beat and Quantum Computing Partnership - Yahoo Finance - November 11th, 2025 [November 11th, 2025]
- Quantum Computing (NASDAQ:QUBT) Shares Down 6% - Here's What Happened - MarketBeat - November 11th, 2025 [November 11th, 2025]
- IonQ's Operating Results Highlight a Grim Reality for Quantum Computing Stocks Rigetti Computing and D-Wave Quantum - Yahoo Finance - November 11th, 2025 [November 11th, 2025]
- IBM, IBD Stock Of The Day, Near Buy Point Amid AI Software, Quantum Computing Push - Investor's Business Daily - November 11th, 2025 [November 11th, 2025]
- Amazon Just Ditched Its Stake in IonQ Stock. Should You Bail on the Quantum Computing Leader Too? - Barchart.com - November 11th, 2025 [November 11th, 2025]
- Quantum Computing Q3 Earnings Preview: What To Expect From Upcoming Report - GuruFocus - November 11th, 2025 [November 11th, 2025]
- IonQ's Operating Results Highlight a Grim Reality for Quantum Computing Stocks Rigetti Computing and D-Wave Quantum - The Motley Fool - November 11th, 2025 [November 11th, 2025]
- Rigetti EPS Preview: Betting on the Future of Quantum Computing - Yahoo Finance - November 11th, 2025 [November 11th, 2025]
- IonQ and University of Chicago Partner to Deploy Production-Grade Quantum Computer and Entanglement Network - Quantum Computing Report - November 11th, 2025 [November 11th, 2025]
- Equal1 to Cooperate on Hybrid Quantum Computing System With The European Space Agency - The Quantum Insider - November 11th, 2025 [November 11th, 2025]
- BTC News: How To Avoid The Quantum Computing Threat With Your Bitcoin, According To Analyst - Live Bitcoin News - November 11th, 2025 [November 11th, 2025]
- IonQ Is Advancing Its DARPA Collaboration. Should You Buy the Quantum Computing Stock Here? - Barchart.com - November 11th, 2025 [November 11th, 2025]
- POET Technologies And Quantum Computing Team Up To Boost AI Data Speeds - Stocktwits - November 11th, 2025 [November 11th, 2025]
- Does IonQ's $3.5 Billion Cash Hoard Make It the Most Dominant Force in Quantum Computing? - The Motley Fool - November 11th, 2025 [November 11th, 2025]
- POET Technologies and Quantum Computing to Co-Develop 3.2Tbps Optical Engines - TradingView - November 11th, 2025 [November 11th, 2025]
- Quantum Computing Modules Enhance Statistical Physics Education with Simulations of Random Walks and the Ising Model - Quantum Zeitgeist - November 11th, 2025 [November 11th, 2025]
- POET Technologies (POET) Partners with Quantum Computing for Adv - GuruFocus - November 11th, 2025 [November 11th, 2025]
- You Won't Believe What Elon Musk Just Said About Quantum Computing (Spoiler Alert: It's Good News) - Yahoo Finance - November 3rd, 2025 [November 3rd, 2025]
- Prediction: This Stock Will Be the Ultimate Quantum Computing Winner - Yahoo Finance - November 3rd, 2025 [November 3rd, 2025]
- 3 Top Quantum Computing Stocks to Buy in 2025 - Yahoo Finance - November 3rd, 2025 [November 3rd, 2025]
- History wont forgive us if UK falls behind in quantum computing race, says Tony Blair - The Guardian - November 3rd, 2025 [November 3rd, 2025]
- Quantum Computing Inc. to Host Third Quarter 2025 Shareholder Call on Friday, November 14, 2025 - Yahoo Finance - November 3rd, 2025 [November 3rd, 2025]
- 2 Popular Quantum Computing Stocks to Sell Before They Fall 41% and 54%, According to Select Wall Street Analysts - The Motley Fool - November 3rd, 2025 [November 3rd, 2025]
- 2 Popular Quantum Computing Stocks to Sell Before They Fall 41% and 54%, According to Select Wall Street Analysts - Yahoo Finance - November 3rd, 2025 [November 3rd, 2025]
- Prediction: This Stock Will Be the Ultimate Quantum Computing Winner - The Motley Fool - November 3rd, 2025 [November 3rd, 2025]
- An Epic Reversal Is Coming for Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum, Based on a Time-Tested Indicator - Nasdaq - November 3rd, 2025 [November 3rd, 2025]
- You Won't Believe What Elon Musk Just Said About Quantum Computing (Spoiler Alert: It's Good News) - The Motley Fool - November 3rd, 2025 [November 3rd, 2025]
- NISQ to FASQ Quantum Computing Still Faces a Climb From Promise to Practicality - The Quantum Insider - November 3rd, 2025 [November 3rd, 2025]
- Quantum computing on the verge: correcting errors, developing algorithms and building up the user base - Physics World - November 3rd, 2025 [November 3rd, 2025]
- 3 Top Quantum Computing Stocks to Buy in 2025 - sharewise.com - November 3rd, 2025 [November 3rd, 2025]
- Prediction: This Stock Will Be the Ultimate Quantum Computing Winner - Nasdaq - November 3rd, 2025 [November 3rd, 2025]
- Quantum Computing Stocks D-Wave, IonQ, and Rigetti Talk With Trump Administration About Equity Stakes. Is It Time to Buy? - Yahoo Finance - October 28th, 2025 [October 28th, 2025]
- FinovateEurope 2026: AI, Cybersecurity, Stablecoins, Quantum Computing and More! - Finovate - October 28th, 2025 [October 28th, 2025]
- Quantum Computing Stocks Soar on Government Stake Talks. Why IonQ Is a Buy. - Yahoo Finance - October 28th, 2025 [October 28th, 2025]
- Rigetti Computing (RGTI): Assessing Valuation Following a Strong Year for Quantum Tech Shares - simplywall.st - October 28th, 2025 [October 28th, 2025]
- How quantum computing could become the next frontier in national security - oodaloop.com - October 28th, 2025 [October 28th, 2025]
- Quantum Computing Stocks D-Wave, IonQ, and Rigetti Talk With Trump Administration About Equity Stakes. Is It Time to Buy? - Nasdaq - October 28th, 2025 [October 28th, 2025]