NEAR Protocol Adopts Post-Quantum Cryptography with FIPS
NEAR Protocol has integrated FIPS-204 post-quantum cryptography, enabling secure key rotation in a single transaction and positioning itself as a leader in quantum-safe blockchain technology. This upgrade allows NEAR accounts to interact across over 35 external chains, including Bitcoin, Ethereum, and Solana, with enhanced security. The announcement led to a 14.25% surge in NEAR's token price.
- Entities
- Topic: Cybersecurity
- Company: NEAR Protocol
- Topic: Blockchain
- Game: Ethereum
- Game: Bitcoin
- Person: Illia Polosukhin
- Game: Solana
- Topic: Post-Quantum Cryptography
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