Komodo Incorporates Dilithium, a Digital Signature Able to Ensure Quantum Computing Security
On the 29th of March, Komodo, which is an open-source “infrastructure for an interoperable blockchain ecosystem” announced the incorporation of Dilithium, a very secure digital signature scheme. The Dilithium technology will guarantee protection from the heaviest of attacks, even from quantum computers. The Dilithium solution is now currently available for all platforms and projects that are produced based on the Komodo infrastructure.
Komodo Integrates Dilithium: A Quantum-Secure Digital Signature Scheme https://t.co/lFEGUQeXOi #fintech #QuantumComputing #QuantumMechanics #blockchain #crypto #komodo #bitcoin #cryptocurrency #CryptoNews pic.twitter.com/StAv8SlcC1
— Komodo (@KomodoPlatform) March 29, 2019
New Features Made Possible By Dilithium
Dilithium makes it possible for users to generate a quantum-secure address. Users who are signing up for this are first expected to create a handle of choice during the course of registration. Creating this handle registers as a blockchain transaction, combining the quantum-secure address and this newly chosen handle. The handle may then be used to send and receive funds instead of the regular addresses that have a long list of characters filled with arbitrary numbers and letters.
Another key feature with the Dilithium module is on its security. Using Dilithium necessitates that transactions must always be signed twice. The first signature is to satisfy the initial digital signature requirements of the original blockchain. The second is entire to satisfy the security processes of Dilithium’s new process for protection against quantum attacks. This is a general way to make sure that transactions were extremely secure against attacks in whatever form they come.
Dilithium was created using the Komodo infrastructure and so it is available for any framework or project created based on Komodo. It is also very easy to integrate, as easy as using a plug-in.
About Digital Signatures
A digital signature is a code that sort of verifies the security of a transaction or document, showing that it has not been altered or compromised in any way. It is basically used to verify authenticity.
Digital Signatures use public key cryptography which essentially creates both a private and a public key. The former is used to generate the latter which can then be given out as it cannot be used to figure out the public key. Basically, a public key can be used to encode data in such a way that it can only be decoded with the matching private key.
This system is used so that when a receiver does receive a message, they can easily confirm that at no point was the data compromised in transit.
About Quantum Computing And The Threat, It Poses
Digital signatures are normally very secure but overtime, researchers and experts have been able to notice certain susceptibilities that it has. However, even though it is generally possible to breach a digital signature based on some of these vulnerabilities, it is also extremely difficult and this is where quantum computing comes in.
It is thought that quantum computing will make many of currently used security measures, almost completely redundant. Most computers used binary digits to process information. These binary digits are stated are either 0 or 1 and could be a combination of these. Quantum computing, however, makes use of qubits which are essentially both 0 and 1 at the same time. This essential nature of qubits makes it very easy to circumvent binary computing. Quantum computing has not been completely produced yet but many developers are presently working on it.
It is predicted that quantum computing will eventually come into play sometime within the next decade and when it does, current cryptography process will be seriously threatened. This is why many researches including the Lead Developer at Komodo –James ‘jl777’ Lee – are working on many different security measures like Dilithium.
Dilithium puts Komodo ahead of many in terms of blockchain security and it’s hoped that more procedures, maybe even more secure than Dilithium, would be available in the near future.