Is XRP Quantum Secure?

If you watch until the end of this video, you will have another reason to be 50 times more bullish, more diamond hands on XRP. We're going to talk about quantum resistance. You need to hear this. You need to know this because right away this is going to put you ahead of other XRP holders in terms of your knowledge, other crypto people that hold random tokens. Quantum is a big threat to crypto. It literally is. But they are working right now to solve problems that we would have had in 2030. We're solving them now so that we can survive. XRP can survive. Let's roll the intro and get straight into it. So the first thing is, what even is quantum computers? So I've asked GPT, we're gonna do AI assisted learning right here. This is absolutely genius stuff. This is how you should be using AI in your crypto research. Um, quantum computers won't suddenly destroy crypto, right? So they're not going to suddenly destroy it. It's like, we're— the experts say we're like 10 to 15 years out, but they are a real threat. There can be drains, there can be— it can crack the encryption. And this is explained in a simple paragraph right here. You guys can read that. But the bottom line, quantum computers will not suddenly destroy crypto. They do force crypto cryptography upgrades. The chains that prepare early will survive, and dormant abandoned funds are the biggest casualties. Here's the thing, there's a lot of dormant abandoned funds, okay? There's a lot, um, and we don't want XRP to be one of the coins that doesn't upgrade to quantum. Because literally, like, when people say quantum financial system, the, the financial system is going quantum. The entire world and our consciousness is going quantum. Everything is going to be so fast and so interconnected. Um, but let's get straight to what we're actually talking about, okay? Now, this was only seen by 130 3,000 people and only liked by 411. You guys know I always find the gems on this channel. I always find the information that no one else really cares about. That is why people watch this channel. This is from Dennis Angel, uh, Angle— Angel, uh, funny his last name is Angel and then he puts a devil right there. Pretty cool. I followed him, uh, software engineer at XRP Ledger Labs. They build software for the XRP Ledger. This is who built Xamen, Xamen Wallet, right? This is the best wallet on XRP, um, like the MetaMask of XRP. Uh, and literally the XRP Ledger devs are already fixing the quantum problem, okay? They're working on it right now. That's how ahead of time they are. So this was the announcement. He says, AlphaNet just went quantum. XRP Ledger's developer network is now fully quantum secure. They have quantum consensus, quantum accounts, quantum transactions, and dilithium cryptography, and they've added native smart contracts. Um, the quantum-resistant future of blockchain is live. And then he actually leaves these links where you can test this out, so you can try out quantum payment transactions and see how the account is different. Super crazy. Now let's focus in on dilithium cryptography, because what the heck is that? So I asked, um, ChatGPT to explain it for a 12-year-old, right? This is a good prompt that you guys can use if you don't understand a word. Just say, yo, explain it to me like a 12-year-old, please. So dilithium cryptography is like a super strong secret handshake that computers use to prove who they really are. So when you send a message or make a transaction, Dilithium lets your computer say, yes, this is really me without showing the secret itself. So if, uh, it's built using tricky math puzzles that are easy for computers to check but almost impossible to fake, even for the super powerful quantum computers. So you can think of Dilithium as a future-proof lock that keeps messages and money safe. Even when the computers get more smart. Okay, and then I asked like, why is it called dilithium though? What the heck is dilithium? Um, and it doesn't really like explain why is it— let's do that. Why is it called dilithium? You know, I want to know why it's actually called dilithium. Uh, they're saying it's a type of digital lock. Um, oh, they borrowed the name from Star Trek. Interesting. Okay, uh, the creators borrowed the name from Star Trek. In Star Trek, dilithium is a rare crystal that powers starships safely and reliably. Interesting. So Dennis puts this out, right? And I see only a few news— like, very small news article people picked it up, but this is actually huge. Um, they're anticipating Q-Day, like D-Day but Q-Day. Um, Adam Back right here, who's a cypherpunk, he says he believes the so-called Q Day will arrive no sooner than in 20 to 40 years. Some of his opponents suggest a time frame of up to 2 years. Um, and Vitalik, who is extremely smart, that's the Ethereum creator, believes that ECC will become vulnerable by 2028. So that's way sooner, that's 3 years or 2 years now. Uh, which is insane. So Dennis has implemented this, right? And VET shows you, um, if you want to feel how a fully quantum-proof XRP Ledger including consensus, um, feels, check this testnet out. So the left is a payment on quantum XRP Ledger, right? As you can see Look at all of that, uh, the signing key right there. Look at all of that. That's crazy versus that signing pubkey. So you see the signing key, look at how much is under that signing key right there. So that's the difference, uh, between it, the quantum-proof encryption. It's a huge signature, uh, and you know, let's keep it moving because there's another thing that's coming out. By the way, these links that he posted, I don't know if they really work. I tried to generate my own, like, to try this for you guys, but it doesn't work. So I don't know if he took it down or something. Here's the other thing. So there's two main things. There's that going on, and then there's this guy going on, uh, which this guy's name is Ed Hennis. Definitely a great follow on Twitter, Edward Hennis, uh, Hennis, whatever. Make sure you follow me as well, @MasonVersluis on Twitter. Um, he's the author for the Quantum Safe proposal. This is a real amendment right here on GitHub, um, for an XLS, right? These are what those are called, the proposals. This is quantum safe, okay? Quantum safe. And this stuff is way too technical for me and probably all of you, so we're gonna break this down on, on what it really is. Um, And we, you know, Vett is great at explaining this stuff. He says it suggests to allow users to rotate more convenient signing keys for every transaction and use them only once. So over here, this is a signing key, right? And this is going to rotate it. And this is assuming that quantum computers would need longer time to break the encryption than the 3 to 4 second Ledger time on the XRP Ledger, and this prohibits, um, certain attacks. Okay, now he actually answers a couple questions. This guy says, so in layman terms, it would be like pressing a button as you do a transaction that generates a one-off key. So I'm sending XRP to a pool or a friend, let's say on Xamen, and it auto-generates a key rather than asking for my password. And Ed responds and he says, sort of. You would generate a one-off key as you generate each transaction, but you'll still need the password for the current single-use key. Okay, client software like Xamman could make the process simpler for the end user. The two most important considerations, in my honest opinion, for the end user are that one, single-use keys are optional. Two, there will always be a way to recover your account if you forget the single-use secret. So, you know, this guy is not one to like build the next like app that everyone easily uses. This guy's a more technical guy. Um, and then Zaman, like the wallet, that's their job to make sure that the plumbing of their app is all quantum secure for us, right? He also— or XRP Loaded says, so after every transaction we have to change our signing key? He says the feature is completely optional. It also doesn't replace any of those existing key options. So master key, regular key, signer list will be available still. And he says Ed Hines for CTO, right? Who is the current Ripple CTO though? Like, because David Schwartz stepped down, right? Or no, he's still CTO at Ripple. Didn't he step down from it or he's ending or something? Ripple CTO. I thought he stepped down. Um, let's see, or is he still the— what, what happened with that? Oh, the CFO left, but that's 2023. Um, interesting. Oh yeah, right here. Yep, he did step down at the end of this year, so he's gone like at the end of this year as the CTO. So Maybe Ed, maybe Ed can step up as the CEO, the CTO. So that is the Quantum Safe proposal, um, and then literally showing you what it looks like to do quantum transactions on XRP. All right, that is all we've got. Thank you for watching. Make sure you drop a like, subscribe, turn on the post notifications. I love every single one of you, and goodbye.