#Introduction
We are the first an Open-source Post-quantum Blockchain project, means its open to anyone who want to join, commited, and contributed based on his/ her skills and passion.
In the advent of quantum computers which have the potential to render traditional cryptographic algorithms will be vulnerable to our existing blockchain ecosystem, it will impact to the everything that we already build in the decentralized world because its depend on the top of the layer 0 or 1 that vulnerably attack by quantum-computers.
SPHINX is aware about this climate and we are initiated looking forward to collaborative efforts from world community in shaping the future of the Post-Quantum Blockchain layer 1 that we will help the community to safe from quantum threats.
#Background
In a world where technology is constantly advancing, it is crucial for us to recognize the pressing need to transition into the post-quantum era. The advent of quantum computers, with their unparalleled computational power and the ability to solve complex problems at an unprecedented scale, has the potential to revolutionize industries and disrupt existing cryptographic systems.
Traditional cryptographic algorithms, which have served us well in securing sensitive information and facilitating secure transactions, face a formidable challenge in the face of quantum computers. These advanced machines possess the capability to break conventional cryptographic methods, rendering them vulnerable to attacks that were previously inconceivable. The very foundations upon which our digital infrastructure rests are at risk, necessitating a proactive and strategic shift towards post-quantum cryptography.
By embracing the post-quantum era, we acknowledge the imperative to fortify our digital systems against the threats posed by quantum computing.
It is a call to action, urging us to develop and implement quantum-resistant cryptographic algorithms that can withstand the computational might of these emerging technologies. Such algorithms, based on novel mathematical principles and cryptographic primitives, are designed to offer robust security even in the face of quantum adversaries.
#The problem
1994: A Brief Introduction to Shor’s Algorithm For Quantum Computers.
In 2001, IBM demonstrated Shor’s algorithm for the first time, successfully factoring the number 15 into its prime factors using a nuclear magnetic resonance (NMR) implementation of a 7-qubit quantum computer. Since then, the algorithm has been implemented on various quantum platforms, but challenges such as noise, decoherence, and scalability must be addressed before it can factor numbers relevant for cryptography. The practical implementation of Shor’s algorithm is still challenging due to the requirements of error correction and the need for a large-scale, fault-tolerant quantum computer.
Today quantum-computers have been significant growth and become nightmare for our security in general (not only blockchain technology) this because their ability that can solved a problem by speed up in Polynomial-runtime.
Quantum-computers is new hope for human life but in another hand it will become serious disruption for anything that we already has today.
According to IBM in the figure 1 is representation of Shor’s algorithm with speed up in polynomial-run time a quantum-computers can solve a problem in mere minutes, while for classical-computers with exponential-run time it will take age of the universe in the same tasks.
In the newest quantum-computing landscape Google hash announce that they are successfully to solve a “Task” in 6 minutes, while for #1 classical computers it will takes 47 years for solve the same “Task”. The good question here is, what exactly the “Task” meaning?!
Quantum-computers only operated for spesific tasks, it something like to Factoring Discret Logarithm or Large integers, that we known that this two properties that guarantee for our security today in general. Our nightmare today is to realize that our existing blockchain technology in general rely on ECDLP and Large integers.
#Solution
Since its inception in 2016, the National Institute of Standards and Technology (NIST) has been diligently working towards mitigating the potential threats posed by quantum computers. In their tireless pursuit of enhancing cybersecurity measures, NIST has brought together an exceptional assembly of the world’s foremost cryptographers through highly esteemed competitions.
This collaborative effort aims to unravel a groundbreaking cryptographic algorithm capable of safeguarding against the menacing dangers posed by both classical and quantum computers.
This momentous endeavor has ignited a wave of enthusiasm and optimism, particularly within our blockchain project. With this remarkable progress in the field of cryptography, we now possess a golden opportunity to integrate cutting-edge Post-quantum cryptographic algorithms into our blockchain infrastructure. These meticulously chosen algorithms align perfectly with our specific requirements, enabling us to fortify our blockchain project with unparalleled levels of security and resilience.
By embracing these advanced techniques and leveraging the collective brilliance of cryptographic experts worldwide, we are poised to revolutionize the landscape of blockchain technology. The fusion of these groundbreaking Post-quantum cryptographic algorithms with our innovative blockchain project heralds a new era of impregnable protection against potential threats, propelling us to the forefront of the industry. As we continue to evolve and adapt, we can confidently navigate the complex realm of cybersecurity, ensuring the long-term sustainability and success of our blockchain venture.
#Vision
Unleashing the Power of Community and Security;
We are today already on going forword to realize the vision, anyone are invited to contributing and collaborating to achieve a system that safe from quantum-computers threat, build the robustsness scalable post-quantum blockchain layer 1 and securing our decentralized world.
We appreciate your understanding and look forward to collaborative efforts in shaping the future of the SPHINX blockchain project
Join us to realized a quantum-resistant blockchain layer 1, the future of blockchain technology.
