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Ripple has unveiled a multi-phase plan to prepare the XRP Ledger (CRYPTO: XRP) for potential risks posed by quantum computing, as concerns grow around future threats to blockchain security.
XRP Ledger’s Built-In Advantages
Ripple said there is no immediate danger to current cryptographic systems. However, it warned of a long-term risk known as “harvest now, decrypt later,” where attackers could store encrypted data today and decode it once quantum computing capabilities mature.
To address this, the XRP Ledger is adopting a phased approach rather than a single system-wide …
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