QRL Weekly, 2024-January-02

2nd January 2024

Weekly Development Snapshot

  • Added more logging during P2P handshake
  • Necessary changes made to zond-contract-example using new web3.js and cryptography libraries
  • Successfully tested smart contract deployment, on-chain and off-chain calls
  • Unit tests for the beacon-client still in progress

Quantum News

Encryption upgrade in 2024 will keep data safe from quantum computers

On 2023-12-31: The US National Institute of Standards and Technology (NIST) has been working on standardizing post-quantum cryptography (PQC) algorithms since 2012.

Out of 82 submitted algorithms, NIST has shortlisted four, with a final decision expected in 2024 after a public consultation period.

Albrecht anticipates nation-state adversaries having quantum computers before criminal gangs, making the practical implementation of quantum computers for encryption cracking a distant possibility. - newscientist.com

2nd January 2024