Quantum-Proof Wallets: Crypto Firms Race to Secure Digital Assets Ahead of Protocol Upgrades – Blockonomi
TLDR: Crypto firms are upgrading wallets to post-quantum MPC signatures before blockchain protocols make the same shift. NIST-approved algorithms like ML-DSA are being evaluated for distributed signing compatibility across wallet systems. Institutions with existing MPC infrastructure can migrate to quantum-resistant wallets through a simple code upgrade. Wallet-level upgrades alone cannot fully protect users if underlying…