Pera Wallet processes 1 million post-quantum transactions on Algorand
- —Algorand surpassed 1 million post-quantum transactions after the v5.0.0 upgrade
- —FALCON signatures are the NIST-selected post-quantum signature scheme
- —NFTs are issued for 1, 100 and 1,000 transactions from a quantum account
- —The feature is available in Pera Wallet 7 with support for 3D collectibles
Why it matters: Post-quantum security is becoming a practical use case for L1 networks as concerns grow over quantum threats to cryptography.
Source: Algorand Blog