Latest news with #NaorisProtocol
Crypto Insight
6 days ago
- Business
- Crypto Insight
Bitcoin's quantum countdown has already begun, Naoris CEO says
A hacker-turned-defender warns that most of the industry is asleep on crypto's existential threat: quantum computing. David Carvalho, CEO of post-quantum infrastructure firm Naoris Protocol, began hacking at the age of 13, experimenting with spam emails to attract job offers and gain attention from employers. Eventually, that curiosity shifted into formal cybersecurity work, where he used the same skills to defend systems instead of probing them. Today, he builds quantum-resilient systems for decentralized networks and claims that the cryptographic foundations of blockchains like Bitcoin and Ethereum are dangerously outdated. 'The cryptography behind nearly every chain is as weak as the rest of the world's cryptography,' Carvalho told Cointelegraph. 'Quantum is coming for it all, like meteors came for the dinosaurs.' Though Bitcoin and other blockchain developers often claim there's still plenty of time to adapt, the window may be closing fast. Efforts to implement quantum-resistant signatures are underway, but Carvalho said they're far from widespread or treated with the urgency the threat demands. The quantum threats harvesting Bitcoin data today For years, the idea that quantum computers could threaten Bitcoin felt like science fiction. But real-world developments suggest the threat is shifting from theory to early practice. Governments and tech giants are already preparing for what's known as the 'harvest now, decrypt later' model. US federal agencies, such as the National Institute of Standards and Technology, have warned since 2022 about the urgency of adopting quantum-resistant algorithms, while a White House memorandum prompted the NSA to advise government contractors to migrate to post-quantum cryptography by 2035. Today's quantum technology still falls short of cracking Bitcoin's SHA-256 hash function or the Elliptic Curve Digital Signature Algorithm (ECDSA) that secures crypto keys. But researchers like Carvalho argue that exponential breakthroughs — especially when paired with AI — could arrive abruptly. State-sponsored actors and cybercriminal groups are already collecting encrypted blockchain data now, hoping to decrypt it once quantum hardware catches up. 'The adversaries collecting encrypted blockchain data right now aren't waiting to attack today,' Carvalho said. 'They're building data sets for tomorrow. When the tech catches up, they'll unlock a decade of secrets in minutes.' Despite these warnings, most of the Bitcoin community doesn't see quantum computing as an immediate threat, and there's no widespread sense of panic. Bitcoin's current cryptography is still considered robust against existing quantum machines, and developers have begun exploring defenses like BIP-360, which proposes quantum-resistant addresses. Projects like Carvalho's Naoris Protocol are also working to help blockchains transition to post-quantum cryptographic standards. Quantum laced with AI is Bitcoin's real apocalypse While most conversations about quantum threats focus on brute-force attacks on cryptographic keys, Carvalho believes the true danger lies in the convergence of quantum computing and artificial intelligence. Together, he argues, they could enable stealthy, asymmetric attacks that don't overwhelm crypto systems with power but dismantle them with precision. 'Everyone's waiting for a countdown that won't come. You won't get a warning that a 10-year-old Bitcoin wallet has been cracked. You'll just see funds moved, and no one will be able to prove how or by whom,' he said. AI is already embedded in cybersecurity — used for intrusion detection, smart contract auditing and anomaly detection. But in the wrong hands, the same tools could be flipped. An AI attacker could automatically scan open-source wallets for edge-case bugs, simulate validator responses and adapt in real time to network behavior. If paired with a quantum computer capable of breaking elliptic-curve private keys, the result wouldn't be a loud breach, but what Carvalho calls a 'silent collapse.' 'This isn't just about stealing coins,' he said. 'It's about eroding trust invisibly. Entire blockchains could be compromised, governance systems spoofed, and no one would know who did it or how.' AI-driven tests have found vulnerabilities in cryptographic libraries that traditional tools overlook. Combine that with adversaries stockpiling encrypted data under the 'harvest now, decrypt later' model, and the groundwork for a systemic breach may already be in place. Carvalho warned that this could mark Bitcoin's true apocalypse if left unaddressed — not a dramatic livestreamed cracking of SHA-256 but a slow, silent erosion of the trust layers that hold the system together. Bitcoin can't defend against weak links For all the talk of Bitcoin's decentralization, its real-world infrastructure remains deeply centralized. Cloud platforms, mining pools and validator networks all present vulnerable chokepoints that quantum-capable adversaries could exploit. If a single cloud provider hosting hundreds of full nodes is compromised, the damage could ripple across the entire network, regardless of how decentralized the protocol itself claims to be. 'Decentralization is great on paper, but if everyone's routing through the same few backbones or trusting a handful of third-party APIs, the game's already lost.' The quantum threat could exploit the blind spots in the systems around it: centralized infrastructure, aging technology and trust assumptions. Some projects are already being prepared. Carvalho's Naoris, for example, draws on national security frameworks to build decentralized systems designed for a post-quantum world. Others are developing quantum-resistant rollups, new key formats and protocol upgrades through Bitcoin Improvement Proposals (BIPs) or leveraging inherently secure technologies like StarkWare's STARKs. The threat is approaching, but the response is also growing. What remains is whether the crypto ecosystem will act before it's too late. Source:
Yahoo
20-05-2025
- Business
- Yahoo
Naoris Protocol Begins Token Sale for First Post-Quantum Infrastructure Layer
PORTO, Portugal, May 20, 2025 /PRNewswire/ -- Naoris Protocol, the first quantum-resistant architecture and blockchain, today opened its highly anticipated public sale for the $NAORIS token, following over 15,000 pre-registrations. The sale, which takes place on the Tokensoft platform and is accessible via the Naoris Protocol Website, begins today, Tuesday, May 20, 2025, at 08:00 UTC and will continue for seven days, ending on Tuesday, May 27, 2025. During this period, the $NAORIS token will be available for purchase. Pre-registering is not a requirement for the Public Sale, so anyone who wishes to participate will be able to purchase $NAORIS using ETH, USDT, or USDC. Participants who pre-registered via the whitelist were able to complete Naoris Protocol's Know Your Customer (KYC) verification process before the start of the sale event. Since launching on January 31, 2025, Naoris's post-quantum testnet has been an overwhelming success, processing more than 64 million post-quantum transactions, onboarding 2.1 million wallets, deploying 828,000+ security nodes, and mitigating 342 million cyber threats, making it the fastest-growing trust and security layer in Web3. David Carvalho, CEO and Founder of Naoris Protocol, says: "We experienced overwhelming demand for our pre-registration whitelist when it opened, which was very encouraging and gave us an indication of the interest in our protocol. The threat to cryptography from quantum computing is no longer distant or theoretical - it's on our doorstep, and the time to act is now. Naoris Protocol is the first-ever architecture that can easily integrate with any EVM-compatible blockchain and make transactions quantum-secure, as their security becomes more pressing every year." Naoris Protocol is led by industry experts and cyber pioneers and backed by advisors with decades of experience. These include David Holtzman, former CTO of IBM and architect of the DNS protocol; Ahmed Réda Chami, Ambassador for Morocco to the EU and former CEO of Microsoft North Africa; Mick Mulvaney, former White House Chief of Staff; and Inge Kampenes, former Major General (ret.) and former fighter pilot and Chief of Norwegian Armed Forces Cyber Defence. The protocol's architecture operates at the Sub-Zero Layer below layers L0 to L3, meaning it can seamlessly integrate to secure blockchain transactions, decentralized exchange (DEX) dApps, nodes, bridges, and other Web3 systems, without requiring hard forks or operational disruption. Beyond Web3, it is designed to secure a wide variety of systems, processes, and physical infrastructure in traditional Web2 sectors, from healthcare to defense. In addition, Naoris Protocol runs a fully quantum-resistant Layer 1 blockchain secured by its proprietary Proof-of-Security (dPoSec) consensus mechanism. Its security mesh is powered by post-quantum cryptography and decentralized AI, and aligned with emerging EU and US quantum standards like NIST, NATO & ETSI. In 2022, Naoris Protocol raised a total of $31 million, backed by well-known visionary leader, Tim Draper, and institutional investors such as the Holdun Family Office and CLS Global. About Naoris Protocol Naoris Protocol is the world's first Decentralized Post-Quantum Infrastructure, built to secure both Web3 and Web2 against traditional and quantum threats. Operating beneath blockchain layers 0 to 3 as a Sub-Zero Layer, it integrates with existing EVM chains, nodes, bridges, dApps, enterprise systems, and IoT devices without requiring hard forks. Naoris Protocol combines Post-Quantum Cryptography, dPoSec Consensus, and Decentralized Swarm AI to create a self-healing security mesh that eliminates single points of failure. Since launching in January 2025, it has processed over 64 million transactions and mitigated 341 million threats. Powered by the $NAORIS token, it is the fastest-growing trust and security layer for a quantum-resilient internet. To learn more about Naoris Protocol, users can visit ContactManaging DirectorAnna FedorovaBlock3 PRanna@ Photo - View original content to download multimedia: SOURCE Naoris Protocol Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
15-05-2025
- Business
- Forbes
Serious BlackRock Bitcoin Warning Fuels ‘Disaster' Fears As The Price Suddenly Dives
Bitcoin has dropped back towards $100,000, falling sharply after a sudden surge fueled fears of a U.S. dollar collapse. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes' CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!" The bitcoin price, which earlier this week topped $105,000, has swung wildly over the last month as traders brace for further price shocks. Now, as Mark Zuckerberg is reportedly plotting to blow up the bitcoin price and crypto market, the world's largest asset manager, BlackRock, has quietly added a serious warning about quantum computing to the list of risks to its huge spot bitcoin exchange-traded fund (ETF). Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run BlackRock chief executive Larry Fink has become one of the most bullish pro-bitcoin voices on Wall ... More Street, helping the bitcoin price to soar. 'If quantum computing technology is able to advance […] it could potentially undermine the viability of many of the cryptographic algorithms used across the world's information technology infrastructure, including the cryptographic algorithms used for digital assets like bitcoin,' BlackRock's amended regulatory filing for its bitcoin fund read. BlackRock, which manages after around $10 trillion worth of assets for investors, spearheaded Wall Street's campaign to bring a long-awaited spot bitcoin ETF to market in 2023, with a fleet of funds debuting in January 2024. BlackRock's IBIT spot bitcoin ETF has since become one of the fastest growing ETFs of all-time helping to push the bitcoin price record highs and riding a bullish wave on the back of Donald Trump's election as U.S. president in November after Trump declared himself the first 'crypto president.' The fund now holds almost 3% of the 21 million bitcoin that will ever exist, worth $62 billion at the current bitcoin price, which some have warned could be giving BlackRock outsized control over the network. '[BlackRock is] going to highlight any potential thing that can go wrong with any product they list or underlying asset thats being invested in,' James Seyffart, ETF analyst with Bloomberg Intelligence, posted to X, adding such a warning is 'completely standard.' However, the quantum computing risk to bitcoin and other cryptocurrencies has exploded recently, with tech giants including Google's Alphabet making strides in quantum computing research. 'At this point, no blockchain is ready to withstand a quantum attack when this becomes possible, which could very well be much earlier than 2030,' David Carvalho, the chief executive of decentralized post-quantum infrastructure blockchain Naoris Protocol, said in emailed comments. 'Finance giants know the risk is there—BlackRock flagged the risk of quantum computing to bitcoin just this week. So why is the blockchain sector sleepwalking into a disaster?' Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious The bitcoin price has recently topped $100,000 per bitcoin again but a BlackRock warning has sparked ... More fears bitcoin could be "sleepwalking into disaster." It has long been feared that if a company or government is able to create a fully-fledged quantum computer, it could be used to bypass the encryption that secures the blockchain technology that underpins cryptocurrencies like bitcoin, potentially rending the network vulnerable to a devastating hack. Such vulnerabilities could be patched with software updates. In February, Paolo Ardoino, the chief executive of USDT stablecoin issuer Tether, predicted that quantum computing would eventually enable hackers to break into inactive bitcoin wallets and steal dormant coins—including that linked to mysterious, anonymous bitcoin creator Satoshi Nakamoto. 'Any bitcoin in lost wallets, including Satoshi (if not alive), will be hacked and put back in circulation,' Ardoino posted to X at the time, calling for development of "quantum-resistant addresses" and adding that "quantum computing is still very far from any meaningful risk of breaking bitcoin cryptography.'
