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MicroCloud Hologram plans to invest $400 million to develop quantum-resistant protocols to defend against quantum computing attacks
ME News Report, April 6 (UTC+8), Nasdaq-listed company MicroCloud Hologram plans to invest $400 million and develop a quantum-resistant protocol based on a multi-layer hybrid encryption architecture. This protocol will introduce a parallel verification mechanism for post-quantum signature algorithms on top of the existing Bitcoin transaction structure, running in parallel with traditional signature algorithms. Under this framework, users can choose to use both ECDSA and quantum-resistant signature algorithms for dual signatures. (Source: Foresight News)