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Stellar Development Foundation Plans Quantum-Resistant Migration for XLM Accounts by 2027

Created at 11 Jun · 12:04 PM1 source↑ Market-relevant
IN SHORT

The Stellar Development Foundation announced a quantum preparedness plan to migrate all XLM accounts to quantum-resistant signatures by the end of 2027. The transition aims to preserve existing addresses and transaction history.

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Key Numbers

2027Year for completion of quantum-resistant signature migration

Who's Involved

Stellar Development Foundation
Organization announcing quantum preparedness plan for XLM accounts

↳ Why This Matters

This proactive migration by the Stellar Development Foundation addresses potential future threats from quantum computing to blockchain security, ensuring the long-term integrity and usability of the XLM network.

Key facts

  • Stellar Development Foundation unveiled a quantum preparedness plan.
  • The plan aims to migrate all Stellar (XLM) accounts to quantum-resistant signatures.
  • The migration is targeted for completion by the end of 2027.
  • Existing addresses and transaction history will be maintained throughout the process.

The Stellar Development Foundation has announced a strategic initiative to safeguard its network against future quantum computing threats. The foundation has unveiled a quantum preparedness plan that will see all accounts utilizing the Stellar (XLM) cryptocurrency migrated to quantum-resistant signatures. This significant undertaking is slated for completion by the end of 2027. A key aspect of the plan is to ensure that the migration process is seamless, preserving both existing account addresses and all historical transaction data. This proactive measure aims to bolster the long-term security and integrity of the Stellar network in anticipation of advancements in quantum computing capabilities.

Frequently asked questions

It is a plan to migrate all XLM accounts to quantum-resistant signatures to protect against future quantum computing threats.

The migration is scheduled to be completed by the end of 2027.

No, the plan aims to preserve existing addresses and transaction history throughout the migration process.

What Happens Next

01Stellar Development Foundation to implement quantum-resistant signature migration.
02Completion of the migration by the end of 2027.

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Cadence

How It Developed

The Stellar Development Foundation announced a quantum preparedness plan.
All XLM accounts will be migrated to quantum-resistant signatures.
The migration is scheduled to be completed by the end of 2027.
Existing addresses and transaction history will be preserved during the migration.

Sources

T1
NEW: @StellarOrg Development Foundation has unveiled a quantum preparedness plan to migrate all $XLM accounts to quantum-resistant signatures by end of 2027, while preserving existing addresses and transaction history. https://t.co/RKZd6R0zfg@CoinDesk via PiQSuite

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