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The Security Performance Analysis of Blockchain System Based on Post-Quantum Cryptography -- A Case Study of Cryptocurrency Exchanges
April 29, 2024, 4:11 a.m. | Abel C. H. Chen
cs.CR updates on arXiv.org arxiv.org
Abstract: The current blockchain system for cryptocurrency exchanges primarily employs elliptic curve cryptography (ECC) for generating key pairs in wallets, and elliptic curve digital signature algorithms (ECDSA) for generating signatures in transactions. Consequently, with the maturation of quantum computing technology, the current blockchain system faces the risk of quantum computing attacks. Quantum computers may potentially counterfeit signatures produced by ECDSA. Therefore, this study analyzes the vulnerabilities of the current blockchain system to quantum computing attacks and …
algorithms analysis arxiv blockchain case cryptocurrency cryptography cs.cr cs.cy cs.se current curve digital digital signature ecc ecdsa elliptic elliptic curve cryptography exchanges key performance post-quantum post-quantum cryptography quantum quantum cryptography security signature signatures study system transactions wallets
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