Are Exchanges Ready for the Next Big Threat?

After quantum computing versus encryption: Are the stock exchanges ready for the next big threat? She first appeared on Coinpedia Find Seight News

Crowding markets were exposed: Bitcoin fell to less than 111,000 dollars after the shocks of the macroeconomic, and liquidity has sent successive losses on platforms. Meanwhile, violations continue to strike.

Uxlink recently allowed the strikers of billions of billions of symbols and emptying the value of millions in seconds. In addition, the Bridge Bridge is billions of dollars in recent years, and the risks facing exchanges have not been more clear.

In his interview with CoinpediaBAEK did not withdraw any punches: “Exports should start in treating the Blockchain risk as an actual operational sign.

Exchange of security in the actual time

Baek recommends that the exchange of portfolio deposits and withdrawals based on health standards for the live chain such as confirmation times, a script or nails in suspicious activity. Modern risk engines such as independent participants should act, simulating each treatment before approval. The main management-through multilateral account and devices-backed sites-is also necessary to prevent catastrophic losses.

Decentralization for compliance

Away from being enemies, Baek believes that decentralization and organization can work together: “The future of encryption is likely to focus on compliance to maintain privacy.” Evidence of zero knowledge of users can allow proof that they have passed checks without exposing personal data, while AI’s monitoring tools can discover abnormal activity in actual time. This mixed approach allows open access to ordinary users while giving organizers to verify institutional transactions.

The quantitative threat on the horizon

The longest -term challenge may come from quantum computing. Kwarmiyyat such as Shor’s can break the encryption signatures today, allowing the attackers to formulate transactions or stealing money. Even before that, the attackers already collect the encrypted data today in the hope of deciphering it later.

Baek warns: “Quantum computing is like the asteroid that we can already see on the horizon: We know it is coming, and we have time to build a deviation plan – but only if we start preparing now.”

The aspiration projects are already testing quantum safe signatures and deportation tools. Those who are emerging early in the security and user confidence may gain, while those who delay the chaos risk when the first real quantitative attack collides.

Source: https://coinpedia.org/news/quantum-computing-vs-crypto-are-exchans-for-The-next-big-Threat/