Blockchain Papers

K. Anitha Kumari, Paul Immanuel T

No abstract is available for this record.

Alexei Petrenko, Sergei Petrenko

Abstract Purpose of work is the development of a new method for estimating the quantum resilience of modern blockchain platforms based on the effective solution of cryptanalysis problems for asymmetric encryption schemes (RSA, El-Gamal) and digital signature (DSA, ECDSA or RSA-PSS), based on computationally difficult problems of factorization and discrete logarithm. Research method is the use of quantum algorithms providing exponential gain (eg Shor’s algorithm) and quadratic gain (eg Grover’s algorithm). Due to the fact that the class of problems solved by quantum algorithms in polynomial time cannot yet be significantly expanded, more attention is paid to cryptanalysis based on the quantum Shor algorithm and other polynomial algorithms. Results of the study include a classification of well-known algorithms and software packages for cryptanalysis of asymmetric encryption schemes (RSA, El-Gamal) and digital signature (DSA, ECDSA or RSA-PSS) based on computationally difficult problems of factorization and discrete logarithm has been built. A promising method for solving problems of cryptanalysis of asymmetric encryption schemes (RSA, ElGamal) and digital signature (DSA, ECDSA or RSA-PSS) of known blockchain platforms in polynomial time in a quantum computing model is proposed. Algorithms for solving problems of quantum cryptanalysis of two-key cryptography schemes of known blockchain platforms in polynomial time are developed, taking into account the security of the discrete algorithm (DLP) and the discrete elliptic curve algorithm (ECDLP). A structural and functional diagram of the software package for quantum cryptanalysis of modern blockchain platforms “Kvant-K”, adapted to work in a hybrid computing environment of the IBM Q quantum computer (20 and 100 qubits) and the IBM BladeCenter (2022) supercomputer, has been designed. A methodology has been developed for using the “Kvant-K” software package to assess the quantum stability of blockchain platforms: InnoChain (Innopolis University), Waves Enterprise (Waves, Vostok), Hyperledger Fabric (Linux, IBM), Corda Enterprise, Bitfury Exonum, Blockchain Industrial Alliance, Exonum (Bitfury CIS), NodesPlus (b41), Masterchain (Sberbank), Microsoft Azure Blockchain, Enterprise Ethereum Alliance, etc. Practical relevance: The developed new solution for computationally difficult problems of factorization and discrete logarithm, given over finite commutative (and non-commutative) associative algebras, in a quantum model of computing in polynomial time. It is essential that the obtained scientific results formed the basis for the development of the corresponding software and hardware complex “Kvant-K”, which was tested in a hybrid computing environment (quantum computer IBM Q (20 and 100 qubits) and/or 5th generation supercomputer: IBM BladeCenter (2022), RCS based on FPGA Virtex UltraScale (2020), RFNC-VNIIEF (2022) and SKIF P-0.5 (2021). An appropriate method for estimating the quantum stability of these blockchain platforms based on the author’s models, methods and algorithms of quantum cryptanalysis has been developed and tested. Keywords: blockchain and distributed ledger technologies (DLT), SMART contracts, blockchain security threat model, quantum security threat, cryptographic attacks, quantum cryptanalysis, quantum and post-quantum cryptography, quantum algorithms Shor, Grover and Simon algorithms, quantum Fourier transform, factorization and discrete logarithm problem, post-quantum cryptography, quantum resilience of blockchain platforms.

Yijie Zhu, Qiang Ni, Richard Jiang, Ahmed Bouridane · 5 authors

No abstract is available for this record.

Engin Zeydan, Jorge Baranda, Josep Mangues‐Bafalluy

Existing network service provisioning and lifecycle management (LCM) workflows rely on heterogeneous devices from multiple vendors and collaboration between multiple network actors, which can lead to numerous trust management and interoperability issues. Blockchain networks (BCNs) are a revolutionary way to establish trust in untrusted environments. In this complex environment, BCNs can help ensure transparency and security for network service LCM. However, BCNs are also vulnerable to quantum attacks. Advances in quantum computing will challenge the security of existing blockchain technology based on Public Key Infrastructure (PKI) technologies. In this paper, we explore how network services can be managed in a multiple administrative scenario. Our approach uses BCNs to track the operational steps of network service instantiation metrics while benefiting from the security features of post-quantum cryptography (PQC). Together with the use of N-th degree Truncated polynomial Ring Units (NTRU) as an example of a PQC algorithm that relies on the parallelization power of the Toom-Cook computation method with different security levels, we have shown that Quorum can provide a lower average time-to-write value compared to other BCNs considered (Ethereum and Hyperledger). At the end of the paper, we discuss the evaluation results and future directions regarding the coexistence of PQC algorithms and BCNs for network service orchestration and service federation between multiple administrative domains.

Jelle Don, Serge Fehr, Christian Majenz, Christian Schaffner

Commit-and-open Sigma-protocols are a popular class of protocols for constructing non-interactive zero-knowledge arguments and digital-signature schemes via the Fiat-Shamir transformation. Instantiated with hash-based commitments, the resulting non-interactive schemes enjoy tight online-extractability in the random oracle model. Online extractability improves the tightness of security proofs for the resulting digital-signature schemes by avoiding lossy rewinding or forking-lemma based extraction. In this work, we prove tight online extractability in the quantum random oracle model (QROM), showing that the construction supports post-quantum security. First, we consider the default case where committing is done by element-wise hashing. In a second part, we extend our result to Merkle-tree based commitments. Our results yield a significant improvement of the provable post-quantum security of the digital-signature scheme Picnic. Our analysis makes use of a recent framework by Chung et al. [arXiv:2010.11658] for analysing quantum algorithms in the QROM using purely classical reasoning. Therefore, our results can to a large extent be understood and verified without prior knowledge of quantum information science.

Valeh Farzaliyev, Jan Willemson, Jaan Kristjan Kaasik

Abstract Mix‐networks were first proposed by Chaum in the late 1970s–early 1980s as a general tool for building anonymous communication systems. Classical mix‐net implementations rely on standard public key primitives (e.g., ElGamal encryption) that will become vulnerable when a sufficiently powerful quantum computer will be built. Thus, there is a need to develop quantum‐resistant mix‐nets. This article focuses on the application case of electronic voting where the number of votes to be mixed may reach hundreds of thousands or even millions. We propose an improved architecture for lattice‐based post‐quantum mix‐nets featuring more efficient zero‐knowledge proofs while maintaining established security assumptions. Our current implementation scales up to 100,000 votes, still leaving a lot of room for future optimisation.

Oded Naor, Idit Keidar

Money transfer is an abstraction that realizes the core of cryptocurrencies. It has been shown that, contrary to common belief, money transfer in the presence of Byzantine faults can be implemented in asynchronous networks and does not require consensus. Nonetheless, existing implementations of money transfer still require a quadratic message complexity per payment, making attempts to scale hard. In common blockchains, such as Bitcoin and Ethereum, this cost is mitigated by payment channels implemented as a second layer on top of the blockchain allowing to make many off-chain payments between two users who share a channel. Such channels require only on-chain transactions for channel opening and closing, while the intermediate payments are done off-chain with constant message complexity. But payment channels in-use today require synchrony; therefore, they are inadequate for asynchronous money transfer systems. In this paper, we provide a series of possibility and impossibility results for payment channels in asynchronous money transfer systems. We first prove a quadratic lower bound on the message complexity of on-chain transfers. Then, we explore two types of payment channels, unidirectional and bidirectional. We define them as shared memory abstractions and prove that in certain cases they can be implemented as a second layer on top of an asynchronous money transfer system whereas in other cases it is impossible.

Zebo Yang, Tara Salman, Raj Jain, Roberto Di Pietro

Blockchain technology has been prominent recently due to its applications in cryptocurrency. Numerous decentralized blockchain applications have been possible due to blockchains' nature of distributed, secured, and peer-to-peer storage. One of its technical pillars is using public-key cryptography and hash functions, which promise a secure, pseudo-anonymous, distributed storage with non-repudiation. This security is believed to be difficult to break with classical computational powers. However, recent advances in quantum computing have raised the possibility of breaking these algorithms with quantum computers, thus, threatening the blockchains' security. Quantum-resistant blockchains are being proposed as alternatives to resolve this issue. Some propose to replace traditional cryptography with post-quantum cryptography—others base their approaches on quantum computer networks or quantum internets. Nonetheless, a new security infrastructure (e.g., access control/authentication) must be established before any of these could happen. This article provides a theoretical analysis of the quantum blockchain technologies that could be used for decentralized identity authentication. We put together a conceptual design for a quantum blockchain identity framework (QBIF) and give a review of the technical evidence. We investigate its essential components and feasibility, effectiveness, and limitations. Even though it currently has various limitations and challenges, we believe a decentralized perspective of quantum applications is noteworthy and likely.

Arman Rasoodl Faridi, Faraz Masood, Ali Haider Shamsan, Mohammad Luqman · 5 authors

Blockchain is one of the most discussed and highly accepted technologies, primarily due to its application in almost every field where third parties are needed for trust. Blockchain technology relies on distributed consensus for trust, which is accomplished using hash functions and public-key cryptography. Most of the cryptographic algorithms in use today are vulnerable to quantum attacks. In this work, a systematic literature review is done so that it can be repeated, starting with identifying the research questions. Focusing on these research questions, literature is analysed to find the answers to these questions. The survey is completed by answering the research questions and identification of the research gaps. It is found in the literature that 30% of the research solutions are applicable for the data layer, 24% for the application and presentation layer, 23% for the network layer, 16% for the consensus layer and only 1% for hardware and infrastructure layer. We also found that 6% of the solutions are not blockchain-based but present different distributed ledger technology.

Bannishikha Banerjee, Ashish Jani, Niraj Shah

Economic growth requires a sharp increase in the utilization of energy. Since the initial mechanical era, financial development has been driven by industrialization, transportation, and, most important of all, electrification, majorly achieved by petroleum product ignition. This way of development has had malicious and abusive aftershocks on the environment since the beginning. Smart grids are an idea to slightly diminish the burden on our Mother Nature, but this idea is getting tainted by the anticipation of ferocious technophiles who may try to get the grid down using quantum computers in the coming years. Thus, security becomes one of the major concerns for the smart grid. In this paper, we propose a quantum-resistant framework for associating smart grids and blockchain embedded with a permutation-substitution-based public-key cryptosystem in Galois Field to prevent unauthorized access and perform encryption of the private information of the user and consumption statistics. Permutation and substitution are performed to increase the diffusion and confusion of the data. Expenditures are quantified from the dissipation particulars, and the payment of electricity bill is performed using our blockchain wallet. The prediction model of consumption data is generated availing stochastic gradient descent. The performance analysis of the proposed cryptosystem is predicted after a simulation of the smart grid.

Ming‐Xing Luo, Shao-Ming Fei, Jing‐Ling Chen

Quantum entangled states have shown distinguished features beyond any classical state. Many methods like quantum state tomography have been presented to verify entanglement. In this work, we aim to identify unknown entanglements with partial information of the state space by developing a nonlinear entanglement witness. The witness consists of a generalized Greenberger-Horne-Zeilinger-like paradox expressed by Pauli observables, and a nonlinear inequality expressed by density matrix elements. First, we verify unknown bipartite entanglements and study the robustness of entanglement witnesses against the white noise. Second, we generalize such a verification to unknown multipartite entangled states, including the Greenberger-Horne-Zeilinger-type states and the cluster states under local channel operations. Third, we give a quantum-information application related to the quantum zero-knowledge proof. Our results provide a useful method in verifying universal quantum computation resources with robustness against white noises. Our work is applicable to detect unknown entanglement without the state tomography.

Zhengying Cai, Shi Liu, Zhangyi Han, Rui Wang · 5 authors

Traditional anti-quantum methods and multi-signature technologies to secure the blockchain against quantum attacks will quickly reduce the efficiency and scalability of the industrial blockchain, where the computational resources will experience a polynomial rise with the increasing number of traders. Here, a quantum blind multi-signature method is proposed for the multi-party transaction to provide anti-quantum security. First, the proposed multi-party transaction frame and quantum key distribution in the industrial blockchain are introduced. It integrates a novel quantum blind multi-signature algorithm that is based on the quantum entanglement mechanism, and it is absolutely secure in theory. Second, the anti-quantum multi-signature algorithm is illustrated, where there are four phases, i.e., initialization, signing, verification, and implementation. Third, the security and complexity of the proposed framework are analyzed and compared with related methods in references, and our proposed method is verified to be able to offer good computational performance and blockchain scalability for multi-party transaction. Last, the paper is summarized and future research directions are proposed.

Chenglong Li, Kaiyi Zhang, Xingjian Zhang, Kui-Xing Yang · 18 authors

Zero-knowledge proof (ZKP) is a fundamental cryptographic primitive that allows a prover to convince a verifier of the validity of a statement without leaking any further information. As an efficient variant of ZKP, noninteractive zero-knowledge proof (NIZKP) adopting the Fiat-Shamir heuristic is essential to a wide spectrum of applications, such as federated learning, blockchain, and social networks. However, the heuristic is typically built upon the random oracle model that makes ideal assumptions about hash functions, which does not hold in reality and thus undermines the security of the protocol. Here, we present a quantum solution to the problem. Instead of resorting to a random oracle model, we implement a quantum randomness service. This service generates random numbers certified by the loophole-free Bell test and delivers them with postquantum cryptography (PQC) authentication. By employing this service, we conceive and implement NIZKP of the three-coloring problem. By bridging together three prominent research themes, quantum nonlocality, PQC, and ZKP, we anticipate this work to inspire more innovative applications that combine quantum information science and the cryptography field.

Kranthi Kumar Singamaneni, Kadiyala Ramana, Gaurav Dhiman, Saurabh Singh · 5 authors

As a result of the limited resources available in IoT local devices, the large scale cloud consumer's data that are produced by IoT related machines are contracted out to the cloud. Cloud computing is unreliable, using it can compromise user privacy, and data may be leaked. Because cloud-data and grid infrastructure are both growing exponentially, there is an urgent need to explore computational sources and cloud large-data protection. Numerous cloud service categories are assimilated into numerous fields, such as defense systems and pharmaceutical databases, to compute information space and allocation of resources. Attribute Based Encryption (ABE) is a sophisticated approach which can permit employees to specify a higher level of security for data stored in cloud storage facilities. Numerous obsolete ABE techniques are practical when applied to small data sets to generate cryptograms with restricted computational properties; their properties are used to generate the key, encrypt it, and decrypt it. To address the current concerns, a dynamic non-linear polynomial chaotic quantum hash technique on top of secure block chain model can be used for enhancing cloud data security while maintaining user privacy. In the proposed method, customer attributes are guaranteed by using a dynamic non- polynomial chaotic map function for the key initialization, encryption, and decryption. In the proposed model, both organized and unorganized massive clinical data are considered to be inputs for reliable corroboration and encoding. Compared to existing models, the real-time simulation results demonstrate that the stated standard is more precise than 90% in terms of bit change and more precise than 95% in terms of dynamic key generation, encipherment, and decipherment time.

Nivedita Dey, Mrityunjay Ghosh, Amlan Chakrabarti

Technological advancements of Blockchain and other Distributed Ledger Techniques (DLTs) promise to provide significant advantages to applications seeking transparency, redundancy, and accountability. Actual adoption of these emerging technologies requires incorporating cost-effective, fast, QoS-enabled, secure, and scalable design. With the recent advent of quantum computing, the security of current blockchain cryptosystems can be compromised to a greater extent. Quantum algorithms like Shor's large integer factorization algorithm and Grover's unstructured database search algorithm can provide exponential and quadratic speedup, respectively, in contrast to their classical counterpart. This can put threats on both public-key cryptosystems and hash functions, which necessarily demands to migrate from classical cryptography to quantum-secure cryptography. Moreover, the computational latency of blockchain platforms causes slow transaction speed, so quantum computing principles might provide significant speedup and scalability in transaction processing and accelerating the mining process. For such purpose, this article first studies current and future classical state-of-the-art blockchain scalability and security primitives. The relevant quantum-safe blockchain cryptosystem initiatives which have been taken by Bitcoin, Ethereum, Corda, etc. are stated and compared with respect to key sizes, hash length, execution time, computational overhead, and energy efficiency. Post Quantum Cryptographic algorithms like Code-based, Lattice-based, Multivariate-based, and other schemes are not well suited for classical blockchain technology due to several disadvantages in practical implementation. Decryption latency, massive consumption of computational resources, and increased key size are few challenges that can hinder blockchain performance.

Kumar Nilesh, Prasanta K. Panigrahi

The advancement of quantum computers undermines the security of classical blockchain, necessitating either a post-quantum upgrade of the existing architecture or creation of an inherently quantum blockchain. Here we propose a practically realizable model of a fully quantum blockchain based on a generalized Gram-Schmidt procedure utilizing dimensional lifting. In this model, information of transactions stored in a multi-qubit state are subsequently encoded using the generalized Gram-Schmidt process. The chain is generated as a result of the reliance of orthogonalized state on the sequence of states preceding it. Various forking scenarios and their countermeasures are considered for the proposed model. It is shown to be secure even against quantum computing attacks using the no-cloning theorem and non-democratic nature of Generalized Gram-Schmidt orthogonalization. Finally, we outline a framework for a quantum token built on the same architecture as our blockchain.

Robert R. Nerem, Daya Ram Gaur

Our aim is to determine conditions for quantum computing technology to give rise to security risks associated with quantum Bitcoin mining. Specifically, we determine the speed and energy efficiency a quantum computer needs to offer an advantage over classical mining. We analyze the setting in which the Bitcoin network is entirely classical except for a single quantum miner who has small hash rate compared to that of the network. We develop a closed-form approximation for the probability that the quantum miner successfully mines a block, with this probability dependent on the number of Grover iterations the quantum miner applies before making a measurement. Next, we show that, for a quantum miner that is "peaceful", this success probability is maximized if the quantum miner applies Grover iterations for 16 minutes before measuring, which is surprising as the network mines blocks every 10 minutes on average. Using this optimal mining procedure, we show that the quantum miner outperforms a classical computer in efficiency (cost per block) if the condition $Q < Crb$ is satisfied, where $Q$ is the cost of a Grover iteration, $C$ is the cost of a classical hash, $r$ is the quantum miner's speed in Grover iterations per second, and $b$ is a factor that attains its maximum if the quantum miner uses our optimal mining procedure. This condition lays the foundation for determining when quantum mining, and the known security risks associated with it, will arise.

Oğuzhan Ersoy

Bitcoin is a widely acknowledged digital currency that is designed in a decentralized manner. The recognition of Bitcoin has introduced the notion of cryptocurrencies and, in general, blockchain technology. Blockchain, within less than a decade, has become one of the most exciting technological developments. Among several exciting use cases and projects, there has been an inevitable hype in the industry as well. While in the research community, it has opened an interdisciplinary research field among cryptography, distributed systems, and economics. <br/><br/>Notwithstanding the interest and great effort, blockchain is still a new and evolving technology, and numerous challenges need to be addressed.<br/>To name a few, security, privacy, scalability, smart contracts, and economic aspects with their manifold sub-challenges can be mentioned.Among the research challenges, in this thesis, we investigate three crucial ones for the long-term functionality of the Bitcoin-like blockchains, which are security, scalability, and economic aspects.Our works can be divided into two subjects: transaction propagation and payment channel networks.<br/><br/>Transaction propagation or advertisement refers to the dissemination of newly created transactions of clients in the mining network.In this thesis, we investigate the lack of incentives for transaction propagation and provide an incentive mechanism for peer-to-peer mining networks. Moreover, we focus on the inefficient routing of the transactions and propose a smart routing mechanism. <br/><br/>Payment channel networks (PCN) are promising layer-2 protocols aiming to improve the scalability of blockchains.In this thesis, we present three works on the PCNs.Firstly, we investigate the incentives to participate in multi-hop payments and propose a profit strategy that would encourage the use of PCNs.<br/>Secondly, we propose the first Bitcoin-compatible virtual channel constructions on payment channels that improve the efficiency and availability of multi-hop payments. Finally, we introduce the first post-quantum PCN utilizing our post-quantum adaptor signature scheme. Our works mainly focus on Bitcoin and its PCN, Lightning Network, yet they can be applied to the blockchains and cryptocurrencies having similar characteristics.

Kishor Datta Gupta, Abhijit Kumar Nag, Md. Lutfar Rahman, M. A. Parvez Mahmud · 5 authors

Digital currency is primarily designed on problems that are computationally hard to solve using traditional computing techniques. However, these problems are now vulnerable due to the computational power of quantum computing. For the postquantum computing era, there is an immense need to reinvent the existing digital security measures. Problems that are computationally hard for any quantum computation will be a possible solution to that. This research summarizes the current security measures and how the new way of solving hard problems will trigger the future protection of the existing digital currency from the future quantum threat.

Te-Yuan Lin, Chiou‐Shann Fuh

Quantum computing is no longer a thing of the future. Shor’s algorithm proved that a quantum computer couldtraverse key of factoring problems in polynomial time. Because the time-complexity of the exhaustive keysearch for quantum computing has not reliably exceeded the reasonable expiry of crypto key validity, it is believedthat current cryptography systems built on top of computational security are not quantum-safe. Quantumkey distribution fundamentally solves the problem of eavesdropping; nevertheless, it requires quantumpreparatory work and quantum-network infrastructure, and these remain unrealistic with classical computers.In transitioning to a mature quantum world, developing a quantum-resistant mechanism becomes a stringentproblem. In this research, we innovatively tackled this challenge using a non-computational difficulty schemewith zero-knowledge proof in order to achieve repellency against quantum computing cryptanalysis attacks foruniversal classical clients.

Marcos Allende, Diego López León, Sergio Cerón, Adrián Pareja · 14 authors

The advent of quantum computing threatens blockchain protocols and networks because they utilize non-quantum resistant cryptographic algorithms. When quantum computers become robust enough to run Shor's algorithm on a large scale, the most used asymmetric algorithms, utilized for digital signatures and message encryption, such as RSA, (EC)DSA, and (EC)DH, will be no longer secure. Quantum computers will be able to break them within a short period of time. Similarly, Grover's algorithm concedes a quadratic advantage for mining blocks in certain consensus protocols such as proof of work. Today, there are hundreds of billions of dollars denominated in cryptocurrencies and other digital assets that rely on blockchain ledgers as well as thousands of blockchain-based applications storing value in blockchain networks. Cryptocurrencies and blockchain-based applications require solutions that guarantee quantum resistance in order to preserve the integrity of data and assets in these public and immutable ledgers. The quantum threat and some potential solutions are well understood and presented in the literature. However, most proposals are theoretical, require large QKD networks, or propose new quantum-resistant blockchain networks to be built from scratch. Our work, which is presented in this paper, is pioneer in proposing an end-to-end framework for post-quantum blockchain networks that can be applied to existing blockchain to achieve quantum-resistance. We have developed an open-source implementation in an Ethereum-based (i.e., EVM compatible) network that can be extended to other existing blockchains. For the implementation we have (i) used quantum entropy to generate post-quantum key pairs, (ii) established post-quantum TLS connections and X.509 certificates to secure the exchange of information between blockchain nodes over the internet without needing a large QKD network, (iii) introduced a post-quantum second signature in transactions using Falcon-512 post-quantum keys, and (iv) developed the first on-chain verification of post-quantum signatures using three different mechanisms that are compared and analyzed: Solidity smart-contracts run by the validators for each transaction, modified EVM Opcode, and precompiled smart contracts.

Dan A. Bard, Joseph J. Kearney, Carlos A. Pérez-Delgado

Proof-of-Work (PoW) is a fundamental underlying technology behind most major blockchain cryptocurrencies. It has been previously pointed out that quantum devices provide a computational advantage in performing PoW in the context of Bitcoin. Here we make the case that this quantum advantage extends not only to all existing PoW mechanisms, but to any possible PoW as well. This has strong consequences regarding both quantum-based attacks on the integrity of the entirety of the blockchain, as well as more legitimate uses of quantum computation for the purpose of mining Bitcoin and other cryptocurrencies. For the first case, we estimate when these quantum attacks will become feasible, for various cryptocurrencies, and discuss the impact of such attacks. For the latter, we derive a precise formula to calculate the economic incentive for switching to quantum-based cryptocurrency miners. Using this formula, we analyze several test scenarios, and conclude that investing in quantum hardware for cryptocurrency mining has the potential to pay off immensely.

V Vignesh, S. Harihara Gopalan, M.S. Kiran Mohan, R S Ramya · 5 authors

Abstract Protection measures are essential to present day blockchain innovation ever, since they can exist short of empowered outsider, which implies that there may not be a disclosed trustworthy individual or group responsible for frameworks. Security of the present frameworks depends on estimating the firmness assumptions and large numbers of the benchmark cryptographic functions proven to be powerless for crucial monetary and a variety of applications against the approach of undeniable quantum machines. Upgrading blockchain innovation with the future of quantum states in a shared manner will enhance the degree of protection and security by-laws of physical science, which is never feasible from non-quantum data hypothetical perspectives. In this article, we propose a quantum-built way to deal with harness of security for a democratic application with the execution, utilizing Hyperledger Sawtooth.

Joseph J. Kearney, Carlos A. Perez-Delgado

Quantum computation represents a threat to many cryptographic protocols in operation today. It has been estimated that by 2035, there will exist a quantum computer capable of breaking the vital cryptographic scheme RSA2048. Blockchain technologies rely on cryptographic protocols for many of their essential sub-routines. Some of these protocols, but not all, are open to quantum attacks. Here we analyze the major blockchain-based cryptocurrencies deployed today -- including Bitcoin, Ethereum, Litecoin and ZCash, and determine their risk exposure to quantum attacks. We finish with a comparative analysis of the studied cryptocurrencies and their underlying blockchain technologies and their relative levels of vulnerability to quantum attacks.