Pioneering Cryptographer Develops Quantum-Resistant Messaging App

NiceHash
Pioneering Cryptographer Develops Quantum-Resistant Messaging App
Coinbase


Key Takeaways

Legendary cryptographer David Chaum has developed a private messenger app purported to be resistant to hacks by quantum computers.
The app uses quantum-resistant cryptography to protect message content.
Chaum is the founder of XX Network, and is sometimes said to be the inventor of electronic cash.

Share this article

David Chaum, a pioneer in cryptography and widely recognized as the inventor of digital cash, has developed a fully-decentralized, private messenger app purportedly resistant to quantum attacks.

XX Messenger Claims Quantum-Resistance

Privacy advocates have a reason to celebrate today, as renowned cryptographer David Chaum has revealed a privacy-protected, purportedly quantum-resistant messenger app that uses blockchain technology to scrub sender and receiver metadata.

Unlike more popular messaging apps, which are susceptible to having their communications intercepted and decoded by quantum computers, XX Messenger has been built to be resilient to these types of interferences, hence resulting in a much higher degree of privacy preservation.

okex

Quantum computers use quantum bits (or qubits) to carry information. Unlike the binary bits used in classical computers, qubits are capable of processing vastly more data and information, in part because they are able to function as both 0 and 1 simultaneously. As a result, quantum computers can solve problems conventional computers cannot.

XX Messenger takes this into account and is built on the XX Network, which boasts quantum-resistant and privacy-focused technology that allows users to communicate in real time through hundreds of decentralized nodes operating worldwide.

To further expand on its decentralization, the XX Messenger operates on open source software run by more than 350 independently-owned nodes in more than 80 countries.

In a Businesswire press release published today, David Chaum said:

“Recent privacy concerns have sensitized the public to problems with control of personal information by centralized entities like Facebook. Realizing that their information is being misused by corporate entities, people are now trying to understand how to use cryptography and smartphones to protect themselves and change society in beneficial ways; xx messenger is securely decentralizing private communication the way Bitcoin decentralized finance. Let’s do this right: let’s take control of our own information—and our destiny.”

The app is compatible with IOS and Android devices and can be downloaded for free via the App Store and Play Store respectively.

Disclosure: At the time of writing, the author of this piece owned ETH and other cryptocurrencies.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

A Little Privacy? Coins Zcash And Dash Under Scrutiny

Earlier this year, the Financial Action Task Force (FATF) issued its guidance to member states on a “risk-based approach to virtual assets and virtual asset service providers.” The intergovernmental regulator…

A Ban On Privacy Coins Could Be Disastrous

Privacy coins are an important part of the cryptocurrency world. Although transactions between two wallet addresses are recorded on a blockchain and publically accessible, no identifying information – such as…

How to Profit From Market Volatility Using Linear and Inverse Contract…

Perpetual contracts are agreements between buyers and sellers with no specific expiry date, unlike other types of similar contracts such as options or futures. It is for the buyer and…

A Cashless Future Foreshadows Cryptocurrency Mass Adoption

The world is quickly moving away from cash for payments. The trend shows promise for long-term Bitcoin and cryptocurrency adoption. In joint research between The Economist Intelligence Unit and Crypto.com…



Source link

Blockonomics

Be the first to comment

Leave a Reply