A newly formed coalition known as the Quantum Alliance has been established by nine cryptocurrency organizations. Out of this collaboration comes a dedicated working group focusing on post-quantum zero-knowledge systems, which is the exact initiative our team is closely monitoring.
The primary reason for our interest lies in the technical hurdles involved. It is quite rare for circuits designed for a specific proof system to seamlessly transfer over to a different one. As a result, any necessary rewrites generate completely fresh code that requires a comprehensive new audit.
Further details regarding this announcement can be found here:
https://decrypt.co/381236/crypto-firms-launch-quantum-alliance-as-6-million-bitcoin-sit-exposed
The primary reason for our interest lies in the technical hurdles involved. It is quite rare for circuits designed for a specific proof system to seamlessly transfer over to a different one. As a result, any necessary rewrites generate completely fresh code that requires a comprehensive new audit.
Further details regarding this announcement can be found here:
https://decrypt.co/381236/crypto-firms-launch-quantum-alliance-as-6-million-bitcoin-sit-exposed