Cardano reviews quantum security, stablecoin rules in latest CIP update
Headline from Crypto News · compiled from 2 sources
According to Crypto News, Cardano's November 1 roundup of improvement proposals covers "regulated stablecoins and post-quantum signature verification."[1] The outlet says the proposal "does not represent an activated security upgrade."[1]
Crypto News reports that a stablecoin draft seeks common compliance requirements so wallet providers can support multiple programmable tokens.[1] According to the outlet, the draft, filed under pull request 1266, argues that programmable stablecoins currently need separate integrations because their transaction requirements can differ.[1]Crypto News says the proposal is still open for discussion, and its author has asked issuers for feedback on regulatory requirements and infrastructure providers for feedback on whether a shared standard would work.[1] TokenPost reports that the draft "does not establish a final standard, name participating issuers or set a deployment schedule."[2]On quantum security, Crypto News reports that a separate submission from Quantova Inc. addresses Cardano's preparations for quantum-resistant cryptography.[1] The outlet says its authors chose ML-DSA and SLH-DSA, two algorithms standardised by the U.S. National Institute of Standards and Technology.[1]TokenPost reports that the change "would require a hard fork if adopted."[2] Crypto News says the submission deals with verification inside smart contracts and leaves any wider migration of accounts and transaction signatures to separate work.[1]According to Crypto News, contributors in GitHub issue 1302 asked why the CIP-0169 governance metadata schema no longer listed CIP-0008, raising concerns about compatibility with hardware-wallet signing.[1]Crypto News also reports that CIP-0204 and CPS-0037 have finished their documentation milestones, although that status does not mean every proposed feature is working.[1]
Sources
- [1]Cardano reviews quantum security, stablecoin rules in latest CIP update
- [2]Cardano Proposal Would Add Post-Quantum Signature Verification to Plutus | TokenPost
Every sentence here reports what a named outlet said, with a link to it. Compiled by 93 from the reporting below.
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