If you have an in-depth understanding of cryptography and the layout of post-quantum cryptography by governments around the world, especially the White House in the United States, you will find that the underlying logic of cryptocurrency is starting a revolution.
the government wants to regulate. and they'll do that with crypto. no big deal. in case you hadn't noticed, they don't allow us citizens at alot of crypto exchanges these days. if the government wanted to, they could probably outlaw bitcoin here in the usa. not by doing anything other than scaring companies away from wanting to have anything to do with its citizens...
The first U.S. White House is already calling for a massive upgrade of quantum-resistant algorithms that includes cryptocurrencies. The second nist will announce the algorithm standard in the near future, among which the rainbow signature will exist as the most suitable algorithm standard for cryptocurrencies. Third Ethereum and Bitcoin are already undergoing upgrades. Sadly they chose hashing, which is going to be a huge problem for the next three years. So it is very necessary to deploy some rainbow-signed cryptocurrencies now.
Encryption comparisons that resist quantum computer cracking will become absolutely mainstream from 2022! By around 2030, all of today's trillions of dollars in crypto will be quantum-resistant.
Because on May 4, 2022, the White House issued National Security Memorandum No. 10. It requires "whole-of-government participation" and "whole-of-society participation" across the United States, covering all government departments in the United States, and striving for the greatest possible and maximum amount of work within ten years after the release of the quantum-resistant standard algorithm in 2024, that is, before 2034. Implement quantum-resistant algorithms across the United States.
The memorandum sets out requirements for all federal agencies in the United States to upgrade to quantum-resistant algorithms, with a time-limited, yearly update schedule, milestones, schedules, responses, and requirements.
In short, the United States has launched everything from May 4, 2022, to at least 2034, to upgrade to quantum-resistant algorithms as much as possible. It's bound to drive all crypto-comparisons to quantum-resistant algorithms soon.
In the next 20 years at least, there is only one algorithm that can meet the four conditions of long-term security, long-term stability, long-term efficiency, and the possibility of the world's largest consensus in all the various usage scenarios of encrypted currency comparison: multivariate digital signature.
Around 2030, all cryptographic comparisons will be based on multivariate digital signatures. Just as almost all cryptographic comparisons today are based on an algorithm, elliptic curve signatures.
Multivariate is gold! go! Let's dig for gold together!
Starting from the release of the No. 10 National Security Memorandum on May 4, 2022, and 12 to 3 years until 2035, the United States will begin to mobilize "all-government participation and all-society participation" to fully and to the greatest extent possible Almost all algorithms in the United States have been upgraded and migrated to algorithms that are resistant to quantum computer cracking.
According to this "National Security Memorandum", almost all US departments will start from 2024 and update an annual report every year. These reports involve which algorithms should be completely abandoned and continue to be used from which year. . Several reports are published every year, and several times a year, all cryptographic goods must be upgraded and migrated to quantum-resistant computer cracking.
In short, by the end of 2024 at the latest, global crypto entrepreneurs will see that the elliptic curve signature adopted by BitBee will be completely abandoned by 2035 at the latest, and there is a high probability that it will be earlier! Because the elliptic curve signature used by Bits is one of the most easily cracked algorithms by quantum computers.
This will surely lead to the adoption of quantum computer-resistant algorithms from now on in all cryptocurrencies!