Cryptography company Project Eleven announced a collaboration with Ripple to combat quantum computing threats. The company stated that, as part of this partnership, they will work with Ripple to prepare the $XRP Ledger (XRPL) for the post-quantum era.
Project Eleven stated that the cryptographic systems used in current blockchain infrastructures could be broken in the future by sufficiently powerful quantum computers. The company noted that major blockchain networks, including Bitcoin, Ethereum, Solana, and $XRP, face similar security risks.
The collaboration involves a comprehensive quantum security audit of the $XRP Ledger’s validator, custody, networking, and wallet layers. Additionally, plans include adding quantum-resistant hybrid signature systems on top of existing signature standards and developing a quantum-secure custodial wallet prototype. Project Eleven aims to deliver working code, performance data, and production-ready solutions at the end of the process.
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