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Security and Reliability of Consensus Algorithms in Post-Quantum Blockchains

Publish Year: 1403
Type: Preprint paper
Language: English
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pre-2124333

Index date: 30 November 2024

Security and Reliability of Consensus Algorithms in Post-Quantum Blockchains abstract

Blockchains have become a leading technology for securing data and transactions across various industries. They offer a decentralized framework that reduces the need for intermediaries and ensures transparency and immutability. However, the advent of quantum computing introduces significant security risks, as quantum algorithms can potentially compromise classical cryptographic techniques widely used in blockchain networks. This paper investigates the challenges and potential solutions associated with integrating post-quantum consensus algorithms into blockchain technology. We begin by examining the limitations of current consensus mechanisms, such as Proof of Work (PoW) and Proof of Stake (PoS), in the context of quantum computing capabilities. These algorithms, while effective against classical attacks, may be vulnerable to quantum attacks that leverage the computational advantages of quantum processors. To address this, we analyze post-quantum algorithms specifically designed to resist quantum threats and maintain the security and trustworthiness of blockchain systems. Using recent studies and algorithmic evaluations, this paper explores the adaptability, robustness, and limitations of these new algorithms in real-world applications. Our analysis shows that post-quantum consensus mechanisms could offer a promising path toward safeguarding blockchain networks against future quantum threats. Nonetheless, challenges remain, including performance, scalability, and the practical feasibility of implementing post-quantum algorithms across existing and new blockchain infrastructures. Ultimately, this paper highlights the critical need for proactive research and innovation in post-quantum consensus to secure the long-term future of blockchain technology in a rapidly evolving digital landscape.

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Security and Reliability of Consensus Algorithms in Post-Quantum Blockchains authors

hamid nikkhah

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مقدمه/پیشینه تحقیق

Blockchain technology has emerged as a groundbreaking solution in the digital world, introducing a decentralized system for transactions and data storage. Since its introduction in 2008, blockchain has rapidly expanded across numerous industries, providing robust security, transparency, and reliability for digital interactions. Most blockchain networks today rely on classical consensus algorithms, such as Proof of Work (PoW) and Proof of Stake (PoS), to achieve distributed agreement among nodes and secure transaction validity. These algorithms form the backbone of current blockchain systems by ensuring a tamper-resistant ledger and fostering trust in decentralized environments. However, with the imminent rise of quantum computing, these classical consensus mechanisms face unprecedented security challenges.

Quantum computers, with their capability to solve complex mathematical problems exponentially faster than classical computers, pose a serious threat to traditional cryptographic protocols, including those used in blockchain consensus algorithms. The vast computational power of quantum machines, theoretically capable of breaking widely-used cryptographic schemes, endangers the very foundation of blockchain security. Consequently, there is an urgent need to develop and adopt quantum-resistant consensus mechanisms, known as post-quantum consensus algorithms, that can withstand potential quantum-based attacks.

This paper aims to explore both the challenges and solutions surrounding the adoption of post-quantum consensus algorithms in blockchain systems. By examining recent studies and algorithmic analyses, we investigate how these novel algorithms can enhance the security and reliability of blockchain networks in a post-quantum era. In doing so, we seek to provide a comprehensive understanding of post-quantum consensus mechanisms, offering insight into their design, resilience, and practical implementation to ensure the continued integrity of blockchain technology in the face of advancing quantum threats.

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