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XRP faces quantum reality check as Ripple CEO calls it North Star

In this post:

  • Vet says only 23.16 billion XRP is completely safe from quantum threats.
  • Two dormant wallets holding 21 million XRP have their public keys exposed
  • Google says future quantum systems might break current cryptographic protections more easily than they imagined.

The XRP ecosystem is once again at the center of both optimism and long-term technological concern, as Ripple CEO Brad Garlinghouse doubles down on XRP being the company’s “North Star,” even as broader discussions around quantum computing risks begin to surface in the crypto industry.

XRP Ledger validator Vet cautions that some quantum processors might eventually compromise the very earliest wallets of the XRPL, the equivalent of the “Satoshi Era” Bitcoin addresses.

Vet said, after studying 7.8 million accounts looking for quantum threats, that most of the XRPL network is safe, but 0.02% of the total XRP supply, the Genesis wallets, are vulnerable to quantum decryption. That puts approximately 23.16 billion XRP completely secure from potential quantum risks.

He wrote, “23.16B XRP is completely Quantum Safe. These accounts either rotate keys or never sign a transaction.”

Recent statements from Garlinghouse have reinforced XRP’s position as the core asset guiding Ripple’s long-term strategy. In multiple appearances and social media posts, the CEO has consistently described XRP as the “North Star” of the company, meaning every major product and institutional initiative ultimately aligns with the token’s ecosystem.

According to recent industry reports, Garlinghouse reiterated that “all roads lead back to XRP,” framing it as the foundation of Ripple’s payments, custody, and institutional blockchain services.

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Vet asks users to change to more secure wallets and protect themselves from quantum attacks

In a subsequent post, Vet detailed that the 300,000 Genesis wallets were receive-only and therefore their cryptographic signatures have not been revealed, rendering them quantum-resistant.

He further commented, “Dormant, vulnerable XRP whales are almost nonexistent. The rest are active and have their public key exposed, but it is also reasonable to expect to rotate keys if needed.”

Additionally, responding to a question on X, Vet said users can protect themselves by adopting quantum-safe signatures or rotating their keys, but raised concerns about what happens to inactive accounts—should their assets be left vulnerable, frozen, redistributed, or burned?

So far, the XRPL has already put key pieces in place to enable forward migration in a post-quantum era. According to reports, if traditional encryption ever fails, the network is prepared to flip the switch on a backup plan for a secure migration.

XRPL is looking to fully deprecate classical signatures and force a shift to post-quantum security measures. 

The network said it would be stepping up trials of globally recognized cryptographic standards recommended by the National Institute of Standards and Technology (NIST). The team is also aiming to integrate new quantum-resistant signature schemes alongside today’s elliptic curve signatures, first on Devnet for developer trials.

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What did Google say on its quantum research and cryptographic protections?

Google recently published a white paper showing that future quantum systems might crack current cryptographic protections with fewer qubits and gates than once believed. According to analysts, the analysis means that the quantum threat has shifted from theoretical to credible, and the timing of quantum-safe upgrades is absolutely critical.

Google reported that a 500,000-qubit solution could run some cryptographic circuits almost instantly, reducing the number of qubits required for an ECDLP-256 algorithm by almost 20 times, which is sufficient to secure most blockchains.

However, according to a researcher, bad actors are “playing the long game” by collecting ledger data now and betting that future tech will eventually unleash a master key, employing a more ‘harvest now, decrypt later’ approach. The threat at hand is still modest, but the findings serve as a ‘start-your-engines’ alert for any future secured systems seeking long-term value.

Nevertheless, Google has promised the crypto community that it will continue to pioneer the process into the post-quantum age, alongside Coinbase, the Stanford Institute for Blockchain Research, and the Ethereum Foundation, to meet its 2029 timeline. The announcement also encouraged users to ditch exposed wallets and offered policy options for handling abandoned crypto assets.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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