A major step has come out in the world of Crypto and Blockchain Technology. Cardano has launched a Quantum Reserve ID POCKETS to deal with the possible threats generated by quantum computing. The objective of this initiative is to secure users’ digital identity and data at a time when quantum computers may be able to break the traditional encryption system.
According to recent news, Cardano collided with Ethereum and Number 1 BlockchainCardano, earlier called “Ghost Chain”, has now become number one in developer activity, leaving behind Ethereum. According to data from Cryptometheus, Cardano made 21,439 committees on Github, while Ethereum recorded 20,962 committees.
What is Quantum Secure Wallet?
This wallet of Cardano is based on publish -Quantum Cryptography (PQC) technology, which is specifically designed to protect from the attack from quantum computers. Traditional cryptographic algorithms such as RSA and ECC can prove weak in front of future quantum computers. In such a situation, PQC technology provides long -term security to users’ personal keys and digital identity.
Historical cooperation of Cardano and Ethereum
CEO of Cardano Undrstructure, Frederik Gregaard also revealed with the launch that he has launched a partnership with Etreum Undrstructure. Its purpose is not only to increase wallet security, but also make the entire digital infrastructure safe from quantum computing. Both organizations will jointly share academic research and develop security solution, so that internet and enterprise systems can be safe in the coming quantum era.
This cooperation is a sign of the fact that the blockchain industry is now preparing itself for future challenges, but also for future challenges.
Big change in digital privacy
Quantum Reserve ID Pockets not only protects the crypto wallets, but the entire digital identity of users, whether it is personal data or also protects the transaction history. This technology is considered a game-changer for digital identity, especially at a time when data breeches and cyber attacks have become common.
Cardano’s Bitcoin Defi Roadmap is also in discussion
Cardano founder Charles Hoskinson has recently shared a Bitcoin Defi Roadmap. This includes Lace Wallet Support, Institutional Yield Products and Aiken Bitcoin Smart Contracts. All this is being done towards connecting Bitcoin EcoSystem to Cardano.
Recently in a live stream Cardano Founder said, ADA can cross $ 10 markHe said that if the Strategy of Enter Output World (IOG) is successful and provides community support, then the value of ADA can be between $ 3 and $ 10.
The main attraction of this roadmap is tokenless utxo compatibility and a separate governance type (GM). The live demo of this technology will also be shown at the Bitcoin conference to be held in May. Hoskinson claims that this integration may lead to a billion $ 1 General Worth Locked (TVL) Cardano Community, which can make 10x growth possible in Crypto Dimension.
Conclusion
This attempt by Cardano and Etreum is not just a wallet launch, but is a milestone towards protecting the entire blockchain ecosystem from the dangers of the future. Given powerful technology changes like quantum computing, it is necessary that blockchain platforms should already make your safety powerful. This initiative confirms that projects like Cardano and Etreum are innovating just keeping in mind the future, not the present.
