Algorand says delaying post-quantum migration is a security debt problem
- —Algorand frames 2029 as a planning horizon for when quantum machines could arrive
- —Falcon signatures exceed 3 KB versus dozens of bytes for elliptic curve signatures
- —The network is developing hybrid accounts and SDK tooling for Falcon-1024 from a seed phrase
- —Falcon verification is already available to smart contracts on Algorand
Why it matters: US and UK regulators are setting post-quantum migration deadlines, and blockchains without a plan risk losing institutional clients.
Source: Blockchain.News